GALAUSDT.P trade ideas
$GALA 55% SHORT-TERM GAIN | TREND TO WATCHI am currently watching this short-term GALA downward trendline waiting for some sign of a break out before entering a long position. This will most likely be confirmed or cxled in a couple days to weeks depending on Bitcoin's price movement. Lowest entry could lead to a quick 55% spot gain. Set your alerts. This would be a continuation of the long-term trend breakout which I posted about previously.
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
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.
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.
GALA: buy in wedge📊Analysis by AhmadArz:
🔍Entry: 0.06513
🛑Stop Loss: 0.06354
🎯Take Profit: 0.06674 - 0.06832 - 0.07012
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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
GALA looking Bullish-Bullet Points For This Set Up-
*Prise is Bouncing off 20 MA
*Broke out of Bullish Bear Flag
*Strong Support at .318 Fib Level
*RSI above 50
*Buy Volume turning bullish on MACD
*Squeeze Momentum showing buy support after extended down trend
*You have two options to enter long that will depend on you risk apptite
*Both buy entries take place in a bullish breaker or at strong Fib levels of Support
#GALA/USDT#GALA
The price is moving in a bearish channel on a 4-hour frame and we have a support area in green at the 0.0500 level.
We have the highest stability with Movina discharge 100
Now we have a breakout that is about to occur well after bouncing from the green zone
Our RSI indicator has a trend that is about to break to the upside
Entry price is 0.05542
The first goal is 006252
The second target is 0.06802
Third goal 007298