GALAUSDT.P trade ideas
GALA Games - All Time High sooner than we think by CryptoVatsikHi everyone,
GALA games will hit an ATH sooner than we think, imho.
As the bullrun heats up, altcoins will fly faster than we can responsibly manage. With that said, in my opinion GALA has not yet reached its expansion zone, yet.
GALA has recently flipped the green baseline area, which is bullish. I'd expect a reasonable, healthy, and logical correction toward green in the coming weeks.
We are currently trading in active HTF resistance (red) and I don't expect it will be easily flipped, perhaps I am wrong! We should at least get some consolidation over the coming week(s) imo.
Either way, once that resistance is flipped, I believe we will see significant expansion to 0.20c and above.
This is a long setup, yes, however with expected short term downside, so please do not immediately long GALA based on this post and analyze carefully.
Cheers!
Vatsik
GALA price sets the pace and direction for the "gaming industry"GALA is the "hardest" gaming coin that has now woken up and is showing growth. "The heaviest" because its capitalization is now $2.75 billion and if you look at the GALAUSDT price chart "globally", these are still lows.
Or perhaps it is a signal from "MM" that it has enough capital to back such "difficult" projects and imagine what can happen to the price of gaming projects with a capitalization 10-20 times lower?)
What do you think about this? Write in the comments.
ATH - GALA is still very far away, and the capitalization of the project there can reach $30 billion, which is already a considerable amount.
So for now, let's look at more mundane targets for GALAUSDT.
Right now, buyers have stopped at the level where the last portion of the shorts' stops is probably hidden - $0.09.
Breaking these stops could easily push the GALAUSD price to at least $0.10-0.115.
And then, either hyper-acceleration to $0.24-0.25 or the start of a correction. And frankly, the second option is more to my liking.)
GALA USDT LongShould GALA succeed in surpassing the 0.049c mark on its third endeavor, accompanied by a significant support and resistance (SR) flip followed by a retest, it is reasonable to anticipate an ascent towards the 0.061c threshold. Conversely, if the third attempt to breach the local all-time high (ATH) proves futile, it is probable that the price will retreat towards the liquidity zone around 0.04c.
Please note that the foregoing analysis represents personal opinion and does not constitute financial advice.
#GALAUSDT LONG#GALA
The price has been moving in a downward channel since June 2023
This descending channel was broken upward
It is expected that the price will continue to rise with the support of Moving Average 100
The current price is 0.02625
The first target is 0.02830
The second target is 0.4770
The third goal is 0.06279
Beautiful Crazy Gala :DHi everyone
Gala needs to stop at this level only if it don't want to lose more of its value (30-60%).
look at this trend line from the top which is 45 angle which can work as a support related to Gann's theory.
Also , It is now on very important trend line ,which I think it is the first good buy area.
But u should take in consideration that Gala can break down this trend line and going to the lower buy areas (Green levels) depending on BTC's Moves.
So, if I have 1000$ , I will buy 33% here and the rest on those green levels if we reached them.
Good luck.
Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions.
Good luck.
Gala ideaBINANCE:GALAUSDT
Absolutely, buying GALAUSDT above $0.074 could be a strategy, placing your order slightly above the maximum price in the last 6-hour candles. This aims to capitalize on a potential breakout if the price surpasses resistance.
Here are some things to keep in mind:
Market Volatility: Cryptocurrency markets can be very volatile, so there's always a chance the price could drop instead of rising. Setting stop-loss orders can help mitigate potential losses.
Technical Indicators: While the past price behavior can be informative, it's not a guarantee of future results. Consider using other technical indicators alongside price action to strengthen your trading strategy.
Market Trends: Understanding the overall trend can be helpful. If the general trend is bullish, a breakout above resistance is more likely.
Remember, this is not financial advice, and it's always recommended to do your own research before making any trades.
โด๏ธ Gala Games Candlestick Reading | Bulls Confirmed!Here is another one, this is pretty interesting to me and it is great how the charts, the candlesticks work... It is awesome, it can really help you predict how the price of an asset, in this case a Cryptocurrency, will behave in the future.
This is GALAUSDT on the weekly timeframe:
Between August and October GALAUSDT produces the cup pattern or rounded bottom.
The 16-October session hits a new All-Time Low.
The next session (23-Oct), a high volume full green candle.
The 23-October session put prices back above the June 5 low and thus Gala Games becomes bullish. This is a strong reversal signal... Hold on, there is more.
The session that follows starts bearish, 30-Oct, it pushes prices below 5-June and 14-August but ends up closing above these levels as a hammer:
This is another bullish signal and confirms the previous ATL, cup pattern and high volume breakout.
Finally, the current session is trading at new highs on the weekly and almost full green.
๐ This is all telling us that Gala Games is ready to grow long-term.
Long-term because we are looking at a long-term chart, a long-term bear market coming to an end and a reversal can lead to a massive bullish wave.
Notice the targets on the main chart...
There is one final resistance level though, the higher grey line which marks the November 2022 low/support, now resistance. Once this level is taken out expect massive growth, fast and strong.
Namaste.
GALA has bullish signs!
๐#GALA/USDT ๐
LONG
Leverage: (10.0X)
Entry Targets:
1) 0.0719
2) 0.0659
Take Profit Targets:
1) 0.0798
2) 0.0869
3) 0.0928
4) 0.0995
5) 0.1046
6) 0.1094
7) 0.1147
8) 0.1204
Stop Targets:
1) 0.0496
๐กChart is speaking it self!
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Thank you for seeing idea .
Have a nice day and Good luck
๐ดThis is only an idea and not a financial advise ( NFA )๐ด
Galausdt .... Tecnicall analyst Gala ,, is in its long-term uptrend, and now it owes us another bullish wave, I marked the targets on the chart. It means that it can be analyzed in this way, that it is now in its ascending wave 3, after the weakness of the trend, it will enter the corrective wave 4, and then it will enter another ascending wave. In fact, it can go up to 90, enter the corrective phase or corrective wave 4 there, and then continue its upward trend after going down, and go up to 13. But if it is corrected from here, the strategy will be slightly different, it can climb to higher areas after correction, in both cases, the commodity is doomed to climb.