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I have recently shared many trade setups and I also told you first that BTC dominance is rejected and alt season is around the corner. Hope you listened and already made some good gains.
Our recent trade setups:-
SHIB/USDT- 35% UP
BONK/USDT- 70% UP
AI/USDT- 25% UP
JASMY/USDT- 30% UP
NFP/USDT- 15% UP
WIF/USDT- 48% UP
You can check all these trade setups in my profile. Now, let's move on to our next setup.
GALA/USDT looks good here. Forming a structure similar to JASMY. Soon it will explode. Buy some here and add more in the dip.
Entry zone:- $0.044-0.046
Targets:- $0.052/$0.068/$0.098
SL:- $0.040
Let's Discuss!
What are your thoughts on GALA's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
GALAUSDT.P trade ideas
GALA $0.025 | Reset for next Bull Run and Circusjust now
i missed out in this one maybe get a chance for accommodation at depressed levels
great team yet to find that one global game to spur interest and renew interest of speculators and big funds
cost of BANKER is $0.008 cents
buffer to keep those investors should be at $0.015 zone
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GALA - Easy 250%? Hi, this is my new update for GALA. After 50 days of consolidation we are getting ready to break the trendline and move much higher.
We have big resistances (50&100 SMA, trendline) around 0.045 - 0.051$ and already we have tested those areas 3 times. I expect this time we are going to takeoff and break those levels.
After breaking the trendline the short-term targets (blue circles) are 0.070 and 0.085.
Main target for next couple of weeks for GALA is up 250% from current level to 0.160 - 0.180$.
Be ready guys!
GALA ANALYSIS🚀#GALA Analysis : What Next ??💲💲
✅As we can see that there was a formation of Descending Triangle Pattern in #GALA and given a breakout and perfectly retesting the support zone. We are expecting around more than 50-60% bullish move in coming weeks 📈📈
🔰Current Price: $0.04712
🎯 Target Price: $0.07450
⚡️What to do ?
👀Keep an eye on #GALA price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#GALA #Cryptocurrency #TechnicalAnalysis #DYOR
GALA: pollback📊Analysis by AhmadArz:
🔍Entry: 0.04496
🛑Stop Loss: 0.04286
🎯Take Profit: 0.04741 - 0.05022
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
GALA New Bullish Trend Is About To Start 👉 New Bullish Wave For GALA Is About To Start, At High Timeframe Clear ABC Corrective Pattern Completed At The 0.036 And The Price Perfectly Bounced From That Area, Currently At Low Timeframe The Price Breakout From The Trend Line And Its a Confirmation Of The New Bullish Wave
What will happen after the GALA hack news?As you know, news based on hacking in the GALA project was published last night, which caused a sharp dump
Looking at the chart it looks like we had an ABC that wave B was a diametric that has now ended.
Looks like another C wave is coming.
Wave C is bearish.
On the green range, you can look for buy/long positions by getting the trigger and confirmation.
Closing a daily candle above the invalidation level will violate the analysis
GALA two possibilitiesAs we know, the price of GALA/USDT has risen 320% since the beginning of 2024. As prices rise impulsively, they will correct at any time. GALA/USDT has corrected 60% from its March high ($0.08677). This correction aligns with the prediction of the Fibonacci indicator at 0.68.
When viewed from the daily chart, GALA is still bullish.
I think GALA will have two possibilities as shown in the chart.
First possibility: GALA will go back up slowly to the Fibonacci 0.5 level, until it finally touches Fibonacci 0.236 at 0.06927.
Second possibility: GALA will continue its slight correction to the Fibonacci 0.786 level around 0.2850-0.30. From there GALA will actively rebound to resume its bullishness to the Fibo 0.236 level. This possibility is seen from the RSI which has not yet touched the 50 level. So the possibility of a slight correction remains. There is also an unmitigated FVG around the price of $0.03090 - $0.03230.
The determination of whether GALA will continue its bullishness if it manages to cross the $0.060 price or if the 100 EMA and 200 EMA golden cross to bullish on the 4h chart.
2024 target GALA price at $0.91
2025 target GALA price at $0.12 - $0.288
Please note that this is analysis only and not financial advice. The market determines price movements and cannot be predicted with precision. Traders and investors should adjust their risk levels accordingly.
#GALA\USDT#GALA
The price is moving in a bearish channel pattern on a 4-hour frame, which it adheres to perfectly. We have a major support area at the 0.03800 level.
We have a tendency to hold above moving average 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 0.04100
The first target is 0.04990
The second goal is 0.05600
The third goal is 0.06400
Is the BOTTOM IN for GALA?Keep your eye on this gem. I would NOT be surprised to
see GALA retest the .786 FIB @ around .025 cents. Not financial
advice and I'm certainly not looking into a crystal ball. I believe
BTC dominance will top out at around 60%...(currently 56%) so...
as BTC dominance continues to ride up...look for ALTS to slowly
bleed out over the next month or two. Like I said...this is not
written in stone and we may have already bottomed here at the
.618 FIB. Good luck and Happy Trading! Booooooya!
Descending Triangle A descending triangle is a bearish chart pattern used in technical analysis to predict a potential downward price movement. It's formed by drawing two converging trend lines:
1. A descending resistance line (upper line)
2. A horizontal or slightly sloping support line (lower line)
The pattern appears as a triangle, with the price action contracting and consolidating between the two lines. Here are some key characteristics:
1. The upper line connects a series of lower highs
2. The lower line connects a series of equal lows or slightly lower lows
3. The price action is contained within the triangle
A descending triangle can be a powerful signal, but it's essential to combine it with other forms of analysis and risk management techniques to ensure a well-informed trading decision.
GALA Could Test 0.06 againGALA Could Test 0.06 again
The price broke out from a small bullish channel.
Immediate resistance will be found near 0.05100.
If the price manages to move above this area then we may see GALA rising for the second
target found near 0.055 and 0.060
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
📉📈 GALA Trade Analysis 🔄💼Trade Overview:
GALA has consistently rebounded off the support level depicted in the chart over the past month, presenting a potentially favorable opportunity for a long trade as it tests this support zone once again.
Trade Strategy:
Entry: Consider entering a trade at $0.03930, taking advantage of the proven strength of the support zone.
Take Profit: Set take profit targets at $0.05 - $0.054, aiming for gains within this range, and identify the next area of resistance at $0.065 - $0.07.
📊🔍 Monitor GALA's price movement for trade execution and adjustments! #GALATrading #CryptoAnalysis 🌐🔒
GALA/USDT exciting opportunity bullish horizon?👀🚀GALA Analysis💎 Paradisers, gear up for a promising trading opportunity with #GALAUSDT. There's a strong potential for a bullish reversal from the key support at $0.03557. If it maintains its momentum at this level, there's a significant chance it could initiate a bullish push, aiming to breach resistance and target our designated strong resistance area.
💎 Should INDEX:GALA fail to rebound from the $0.03557 support and instead break below it, this could indicate a continued downward trend, with the next critical demand zone at $0.03317. Notably, this level has already seen significant upward movements twice due to its robust liquidity.
💎 If #GALA reaches this demand zone again, it is crucial for the price to secure a rebound from this level to maintain support. A failure to rebound could escalate bearish momentum, exacerbate negative market sentiment, and possibly lead to further declines in price.
MyCryptoParadise
iFeel the success🌴
We are in the Fat Candle Support zoneUsing the new volume candles from TradingView which are absolutely amazing. We can state some simple facts.
We are currently in a zone where previously, fat candles have formed at this zone.
I am expecting another fat candle, hopefully to the upside out of this zone.
HOWEVER! I will play to the downside as well. This is a tightening range, and a breakout is coming, but it could very well be to the downside. Use stops! we've seen several breakouts fail recently as well, so move those stops up and lock in profit if you can when we get a move.