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GALA / TetherUS PERPETUAL CONTRACT

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GALAUSDT.P trade ideas

After GALA falls, does it wait for bargain hunting before risingIn GALA’s previous analysis, my opinion was biased toward a downward bull flag breakout. However, the market did not break out as I expected. The market is now at the bottom of the triangle convergence and showing signs of breaking below If GALA chooses to fall below here, it is likely to go directly to the position of 0.04557 The shape of BTC is also in a triangle shape, and there are also signs of falling below When BTC falls, altcoins fall even more ferociously
Short
by GuraMaka
Analyze the next trend of GALA.The market has experienced a rapid decline in the past two days, but judging from the charts and price reactions, the market still has upward momentum. The current price is located in the support area of ​​0.05917, which has also formed a Power of 3. structure in the LTF. I will pay attention to the reaction of the market after the breakthrough. If we can break through quickly and well, we have a chance to break through 0.087 in the next 1-2 weeks.
Long
by GuraMaka
1
GALA/USDT bullish horizon from support? 👀🚀GALA Today analysis 💎 Paradisers, let’s delve into the intriguing movement of #GALAUSDT. Currently, it is retracing and meticulously approaching a critical support level at $0.04965. This level holds immense significance, and its ability to transition from a mere retest to a robust support could be the harbinger of a potential bullish surge. 💎 Since the price of #GALA has failed to break the previous high, short-term bearish sentiments are prevailing. However, as of now, the price approaches the key support level at $0.04965. If it maintains its momentum at this crucial juncture, we may witness a delightful bullish reversal. Picture it: the price ascending, breaking free like a phoenix from the ashes. 💎 But ah, the markets are fickle, my friends. Should the price of INDEX:GALA dip below this pivotal zone, our strategy must adapt. Brace yourselves! We anticipate a bullish rebound from the secondary support level at $0.03627. Failure to reclaim ground here could spell further declines. So, stay vigilant, stay nimble, and let’s navigate these market fluctuations with grace and precision.
Long
by MyCryptoParadise
2
GALA UPDATE 12HThis is an update to the analysis you see in the "Related Ideas" section It responded to the range of the previous analysis, but we expect the area we specified in this update to be retested. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
GALA READY TO 2X?I took a look at this chart on my chartapalooza stream yesterday afternoon, and it was by far the most striking setup that I saw. The weekly chart shows an incredible test and hold of support at .06293. As you can see, this was a major swing high at the beginning of 2023, which was never recaptured until a few weeks ago. What strikes me is the huge increase on volume and the candle spread on the breakout a few weeks ago, and then the incredible hold of support for the next two candles. As you can see, a blue candle closed right on support, then we had a perfect dragonfly doji wick low below support but close EXACTLY at the same price where it opened a week before. This is a major reversal signal. This week’s candle has started right at support and is heading up. The target for me is the next level around .153, if not higher. More than 2x from here.
Long
by ScottMelker