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GALAUSD trade ideas

GALAUSD keep an eye for this +200% profit opportunity.Gala (GALAUSD) has been trading within a Channel Down, similar to all such patterns since the past 2 years. In fact this is the 3rd straight Channel Down occurrence since August 2022 and they've all bottomed around the same levels, before breaking-out the formation above them. What confirmed the bullish break-out each time has been a 1D candle closing above the 1D MA50 (blue trend-line). This level is being tested today for the first time since June 07 2024. If we do get that candle closing above, consider it a buy signal and the minimum Target the previous Channel break-outs have achieved has been a little above the 0.786 Fibonacci retracement level. As a result, our medium-term Target is 0.0600. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:GALAUSDLong
by TradingShot
GALAUSD Strong long-term Buy.Gala (GALAUSD) has hit both targets (0.06200 being the last) since our last call (October 26 2023, see chart below) and has established itself above the 0.382 Fibonacci retracement level: All MA periods have turned into Support levels, obviously the 1D MA50 (red trend-line) is the closer (short-term) one and a Higher Highs trend-line poses as the Resistance. Naturally, the new Bull Cycle aims on each and every Fibonacci retracement level upwards. As long as the price actions stays under the Higher Highs trend-line, we can see it following a structurally timed rise with clear pull-backs (red Rectangles) and growth patterns (green Rectangles) that can potentially double each time. As a result we set Target 1 on the 0.618 Fib at 0.17000. If at any point in time, the price closes above the Higher Highs, we will instead aim higher on the 0.786 Fib at 0.3500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:GALAUSDLong
by TradingShot
GALAUSD 0.01700 Target hit. What's next?Gala (GALAUSD) hit the 0.01700 bullish break-out target we gave almost 2 weeks ago on the RSI Bullish Divergence: Since the price broke also above the 1D MA100 for the first time since April 20 but mainly the Channel Down pattern, we shift to the larger 1W time-frame in order to identify the long-term trend. As the 1W MACD just formed a Bullish Cross, while the candle broke above the Bear Cycle's Lower Highs trend-line, this break-out is a clear long-term buy signal towards the next level of Resistance, the 1W MA50 (blue trend-line). Our first target is 0.02900 and when the price closes a 1W candle above the 0.236 Fibonacci level, we will re-buy and target (2) 0.06200 (0.382 Fib). As the crypto officially entered its new Bull Cycle, the Fibonacci retracement levels will start assuming the roles of Resistances on the way up. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:GALAUSDLong
by TradingShot
2
GALAUSD Short-term buy signal on a Bullish DivergenceGala (GALAUSD) is trading within a Channel Down pattern since early January and recently got rejected on the 1D MA50 (blue trend-line). Despite the declining trend, the 1D RSI is on Higher Lows, i.e. a strong Bullish Divergence. The Lower Highs trend-line has been broken, and the previous two times it did so within the Channel Down after a bearish leg, a counter-rebound took place. As a result we consider this a buy signal towards the top of the Channel Down. We don't wish to exceed the 1D MA100 (green trend-line), thus our target will be contained at 0.0170. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:GALAUSDLong
by TradingShot
1
GALAUSD: Next 1D MA50 break can deliver a massive rally.GALAUSD is testing today the 1D MA50 for the first time in two months on a green technical 1D outlook (RSI = 60.296, MACD = -0.001, ADX = 46.201). Being through all 2023 inside a Channel Down similar to 2022, we can argue that the next 1D MA50 cross over (like the 1W RSI cross over the MA line) can provide a rally similar to January's. That will be our trigger level and will target the 0.786 Fibonacci level (TP = 0.04400). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:GALAUSD
by InvestingScope
5
GALAUSD: Bullish divergence leading to the top of the ChannelGala is trading inside a Channel Down every since the market top early this January and today the 1D technical outlook turned neutral (RSI = 46.626, MACD = -0.001, ADX = 48.052) as it is trading on the strongest 1D green candle since March. The 1D RSI bullish divergence (HL) shows a short term momentum shift and the price can now target 1D MA100 and the top of the Channel Down. We estimate at least a +50.35% rise from the bottom (TP = 0.01900). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:GALAUSDLong
by InvestingScope
GALA is the native token of Ethereum About GALA Category Gaming Contract Ethereum 0xd1d...87cae Website gala.com Explorers etherscan.io Community blog.gala.games GALA is the native token of Ethereum-based gaming ecosystem Gala Games. It’s earned as a reward for playing games on the ecosystem and is used for staking to secure the network. GALA token also powers the platform’s store, where users can purchase items and NFTs for use in-game. The Gala network is compatible with BNB Smart Chain, thanks to the use of p.Network Bridge and has also partnered with Polygon, giving it an edge over its competitors.
BINANCE:GALAUSD
by ITManager_US
Best time to buy in the history of GALA?3 "Ifs" to the biggest trade of your life: If #1 is unknown: If Gala finds support here at historic support level If #2 has a high probably of happening: If Gala is relevant in the future (dozens of games in production, should be relevant next bull run) If #3 high probability: If there is another bull run, at some point.. and if gaming is a leading sector (check Alex Beckers Youtube.. he feels it will lead , aided by AI blending meta, gaming, ads, services, work.
BINANCE:GALAUSDLong
by sengleadevelopment
✴️ Gala Games Repeat Medium Sized Altcoins Consolidation PatternI don't know if you've been reading everything I publish or you only read a few; you should read everything. Most of the Altcoins breaking bullish, such as Shiba Inu, Orchid and Api3 to mention some recent ones, have been producing the same consolidation pattern. I mention this because if they are producing the same pattern it means they are behaving in the same way, if the behaviour is the same then the ones left behind will repeat the same movement as those that moved first. Gala Games (GALAUSD) This takes us to the consolidation pattern marked by black lines on the chart. It starts with the mid-June low, followed by a bounce either big or small, then another drop which can end as a higher low mostly but in some cases a lower low and then a very strong, really strong bullish jump. The bullish jump signals the start of the new bullish wave. The #4 in our 1,2,3,4 Steps Pattern that is now fully confirmed and continue to develops across all pairs. We are looking for something similar to January 2023 (here marked green). Namaste.
CRYPTO:GALAUSDLong
by AlanSantana
2
📉 GALA/USDT Falling Wedge Setup! 📉📈 #GALAUSDT is forming a promising Falling Wedge pattern on the chart, signaling a potential bullish reversal! 🚀 📉 The price has been creating lower highs and lower lows, shaping the falling wedge pattern. This suggests a period of consolidation and diminishing selling pressure. 🧩 Falling wedges often lead to upward breakouts, indicating a potential trend reversal and the start of a new bullish phase. 💡 Watch closely the resistance and support levels within the wedge to gauge the possible breakout direction. 📊 Technical indicators are showing signs of a potential reversal, providing additional support for a bullish scenario. 🔔 Be on the lookout for a breakout above the upper trendline, which could be a signal for the beginning of a bullish trend. Set your targets and stop-loss levels accordingly. 📅 Remember to manage your risk wisely and trade responsibly. Always conduct your own research before making any trading decisions. 🚨 Exciting times ahead for #GALA! 🚨 Let's see how this Falling Wedge unfolds! 🤞 (Note: This post is for informational purposes only and should not be considered as financial advice. Trading involves risks, and past performance is not indicative of future results. Always conduct your due diligence and seek professional advice if needed.) #CryptoTrading #TechnicalAnalysis #BullishSetup #TradeSmart #DYOR #CryptoMarket #ChartAnalysis #EmbraceTheWedge #BullishTrend 🚀📈💹
CRYPTO:GALAUSDLong
by STP_MrNodeItAll
1
GALA - Bottom Is in! 3000% Gains To Be Made!GALA looks like a very simple Impulse, correction, impulse. We've recently broken out of the year long correction with a nice impulse. We are now in an ABC correction which appears to be held within a parallel descending channel. We've seen both waves A and B and we are currently in wave C. See chart update for lower timeframe analysis. Trade Idea: - For a safe entry, enter on break of the channel - For a risk entry, enter on break of lower timeframe trendline - Stops below the bottom indicated - Targets: 0.1, 0.2, 0.7, HODL the rest Goodluck and as always, trade safe!
BINANCE:GALAUSD
by WicktatorFX
4
Gala high potential gaming coinhello everyone, today I'm sharing a possible pathway of gala coin as it has very high potential to be bullish through earning coin by gaming, mining and running nodes on vps ... its above 20ma of weekly chart, the price did rise to 0.06 resistance level and then tested the 20ma and now the price can go above the 50ma to test the resistance of 0.1 or 0.2, depending on how bullish it can get.. breaking 0.2 level would be a good indication for long term investment to reach $1 or above... good luck
BINANCE:GALAUSDLong
by baigxy
4