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GALAUSDT Perpetual Swap Contract

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GALAUSDT.P trade ideas

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 $0.24-0.25 or the start of a correction. And frankly, the second option is more to my liking.)
by P_S_trade
14
GALA USDT LongShould GALA succeed in surpassing the 0.049c mark on its third endeavor, accompanied by a significant support and resistance (SR) flip followed by a retest, it is reasonable to anticipate an ascent towards the 0.061c threshold. Conversely, if the third attempt to breach the local all-time high (ATH) proves futile, it is probable that the price will retreat towards the liquidity zone around 0.04c. Please note that the foregoing analysis represents personal opinion and does not constitute financial advice.
Long
by BitBullMarkets
Beautiful Crazy Gala :DHi everyone Gala needs to stop at this level only if it don't want to lose more of its value (30-60%). look at this trend line from the top which is 45 angle which can work as a support related to Gann's theory. Also , It is now on very important trend line ,which I think it is the first good buy area. But u should take in consideration that Gala can break down this trend line and going to the lower buy areas (Green levels) depending on BTC's Moves. So, if I have 1000$ , 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.
by KarimMohsen
18
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.
Long
by Arash-RK
✴️ 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. 👉 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.
Long
by MasterAnanda
27
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.
Long
by Baharmostofi
1
$GALA on the Verge of Historic Breakout! 🔮🚀🚀🔮 Crypto Forecast: INDEX:GALA on the Verge of Historic Breakout! 🔮🚀 Attention all crypto enthusiasts! 🌟 Hold onto your seats as INDEX:GALA , the digital asset with immense potential, is gearing up for a monumental move! 📈 Currently priced at 0.068 cents, INDEX:GALA is hovering near a critical historical resistance level. 🏔️ But what's the big deal, you ask? Breaking through this barrier could catapult INDEX:GALA straight to the coveted 0.50 cents mark! 💥💰 🔍 Let's zoom in on the chart: INDEX:GALA has been steadily climbing, fueled by its strong fundamentals and growing adoption. 📈 But now, it stands at a pivotal juncture. The impending breakout could mark a watershed moment for INDEX:GALA investors, potentially unlocking unprecedented gains! 💸💎 🔥 Why is this breakout significant? Well, breaking through historical resistance signifies a shift in market sentiment, unleashing a wave of bullish momentum. 🌊 With INDEX:GALA 's innovative technology and expanding ecosystem, this breakout could ignite a frenzy of buying pressure, propelling it towards new heights! 🚀✨ 💡 Keep a close eye on the charts and market sentiment. The moment INDEX:GALA breaches this resistance level, it could trigger a cascade of buying activity, driving its price skyward. 📈 But remember, as with any investment, exercise caution and conduct thorough research before making decisions. 🧐 📢 Spread the word and join the conversation! The crypto community is buzzing with anticipation as INDEX:GALA prepares for its historic breakout. 🗣️ Share your thoughts, predictions, and analysis using #GALA #CryptoForecast #ToTheMoon to join the discussion! 🌕🚀
Long
by HabshaCrypto
Do u have Gala?Gala (GALA) has been on a tear in recent weeks, breaking out of a weekly trading range between $0.02495 and $0.04163. The bulls are now eyeing a breakout above $0.07120, which could open the door to a rally towards $0.3383. Supportive Factors: Strong technicals: GALA's moving averages (MAs) are trending bullish, with the 50-day MA crossing above the 200-day MA. The relative strength index (RSI) is also in bullish territory, above 70. Positive market sentiment: The Fear & Greed Index is currently in "Extreme Greed" territory, indicating that investors are bullish on cryptocurrencies. Upcoming catalysts: GALA is scheduled to launch its Gala Games Store on March 8, which could boost demand for the token. Potential Risks: Bitcoin volatility: GALA is a small-cap altcoin and is therefore more volatile than Bitcoin. A sharp decline in Bitcoin could drag GALA down with it. Profit-taking: The recent rally in GALA has been parabolic, and some investors may be looking to take profits. This could lead to a short-term sell-off. Overall Outlook: The bulls are in control of GALA, and the technicals are pointing to further upside. A breakout above $0.07120 could trigger a parabolic rally towards $0.3383. However, investors should be aware of the risks of Bitcoin volatility and profit-taking. Disclaimer: This is not financial advice. Please do your own research before investing
Long
by sansoorchi
9
🎮 GALA Gaming Narrative Trade Setup! 🚀🎮📊 Analysis: Gaming Narrative: The gaming narrative is gaining momentum, potentially impacting GALA. Testing Support: GALA is currently testing support, offering an entry opportunity. Buy Zone: Enter a spot trade in the support area between $0.04275 and $0.045. Take Profit Strategy: Consider taking profits at the next resistance zones, either $0.0485 - $0.0525 or $0.058 - $0.063. Stop Loss: Set a stop loss just below the $0.04 level for risk management. 🌐 Note: Monitor the broader gaming and crypto market trends for additional context.
Long
by Richtv_official
GALA/USDT Keep an eye backtest on the demand, Could GALA Bounce?💎 GALA has recently displayed noteworthy market dynamics, experiencing rejection and potentially retracing back to test the demand area around $0.038. 💎 If this retracement holds, there's a probability that GALA will bounce from the demand area and resume its upward movement toward our target zone. 💎 However, should GALA fail to find support at the demand area and instead break below it, the next significant level to watch for is the support area. 💎 GALA needs to bounce from the support area and reclaim territory above the previous supply levels if it intends to maintain its upward trajectory. 💎 Failure to do so could confirm a reversal back to a bearish trend, potentially leading to further downward movement in price.
by MyCryptoParadise_Nathan
2