GALAUSDT.P trade ideas
$GALA long ideaShort term we broke out of the monthly resistance now being used as support black line.
Headin up towards the .041 zone. This is where Monthly resistance lies. My intial target.
Long Term as Bull Market continues over the next month or two...possibilty of this breaking completely out of the descending triangle pattern and hitting max force of 25cents.
GALA Games' Festive Surge: GALAUSDT LONGMy TA suggests KUCOIN:GALAUSDT , is presently breaking out for a potentially massive festive rally as we head towards Christmas.
This bullish outlook stems from the formation of two solid patterns that I have been seeing often in the Crypto markets and which have almost always preceded upward price movements. First, a cup and handle formation, with the cup fully printed on the daily time frame:
This cup has been forming over half a dozen months showing diligent accumulation by market participants. The second pattern which we can see is a falling wedge pattern which is on the 30-minute time frame and may prove to make up part of the cup's handle.
We can see in the above chart snapshot how the price broke out of the falling wedge pattern to the upside and quickly retested the most recent demand zone for what seems to be the last time.
At the time of publishing, an aggressive entry which would have been between 0.02923 and 0.02965 is already behind us. A more relaxed entry, can still be taken at current price 0.0343 with an initial profit target as shown below.
This Festive Surge comes just as the Crypto market leader BINANCE:BTCUSD yesterday successfully broke and managed to close the day above $44k to put BTC's gains at over 160% year to date!
Thanks for dropping by, hope you enjoyed this. I would love to hear your thoughts on this in the comments below. Happy Trading!
Gala going to test 0.032 and going for top of channel 0.0335Gala going to test 0.032 and going for top of channel 0.0335
Gala's great potential to climbGala currency has a lot of potential to rise, currently the downtrend channel has been broken and the price has crossed its moving 200 with a relatively high volume in daily timeframe and the resistance of 0.028 has been broken.
After completing its 5 bearish waves, Gala has entered the upward correction wave ABC. I expect that in the first step to complete wave A, the price will rise to 161% of the previous small wave, around 0.135 . The ultimate target is the 61% Fibonachi of the previous big bearish wave (0.52$)
Of course, the future of the market is in the hands of big buyers, and this prediction will come true if the dominance of altcoins (Others.D), increases and Bitcoin does not fall sharply.
GALA Long IdeaGALA is currently getting into 3 day APEX. 3 day white 100 MA needs to hold (3 day close under white 100 could be invalidation depending on how you want to play this)
Entry: .02853 - .02760
S/L or second buy around-.02616
Ultimate stoploss for idea - .02198
**Not financial advice just sharing my ideas, happy trading!
Gala 4h pamp?Will gala pamp soon?
Goods:
+ HL + HH
+ Low volatility
+ Clear SL
+ Participation in breakout
Also:
Depends on BTC. I'm still waiting to see 44k soon. If the sellers don't emerge, GALA is going to pump hard.
🟢GALA 60% Profit🟢The price of Galla currency, after breaking the mid-channel line and receiving a pullback, is ready for an upward movement towards the intersection of supply and the channel ceiling.
If the price stabilizes below the demand, the analysis has failed.
GALAUSDT
It is possible that GALAUSD will go down in the future due to liquidity issues. This is because the GALA stablecoin is not as well-established as other stablecoins, such as USDT and USDC. As a result, it may be more difficult for GALAUSD to maintain its peg to the US dollar, which could lead to a decline in its price.
However, it is also possible that GALAUSD will be able to overcome these challenges and maintain its stability. The GALA team is working to improve the liquidity of GALAUSD, and they are also exploring partnerships with other exchanges and institutions. If they are successful in these efforts, GALAUSD could become a more widely used stablecoin, which would help to stabilize its price.
Ultimately, the future of GALAUSD will depend on the success of the GALA team in addressing the liquidity issues that the stablecoin faces. If they are able to do so, GALAUSD could become a valuable asset for the GALA ecosystem.
GALAUSDTBINANCE:GALAUSDT Long idea
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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GALA | Purchase zone 0.027I predict a new entry point for the GALA coin. I am waiting for a rollback and placing a limit order in the range specified in the forecast.
GALA is BullishGALA is consistently printing higher highs and higher lows, the rally is expected to continue further. Targets are mentioned on the chart.
🎮 Gala Games (GALA) Analysis: Navigating Key Levels! 📈Gala Games (GALA) is currently positioned at a critical juncture, encountering resistance at $0.028 and facing potential support and resistance levels.
Key Points:
Resistance at $0.028: GALA is trading at $0.027, coinciding with the $0.0264 - $0.0289 resistance zone. This area has presented a challenge for the price.
Possible Retrace Scenario: There is a possibility of a small retracement, testing the next support at the bottom of the range around $0.0264.
Support Holding Potential: If the $0.0264 support level holds, it could set the stage for a potential rally to the upside.
Upside Targets: The potential upside targets include testing the $0.0289 resistance level and, if surpassed, aiming for the range of $0.035 - $0.038.
GALA - Short setup
GALA closed back in the smaller fixed range pull, now back testing the Value area high.
Ultimately aiming for the 0.75 fib, but it could very well rally up if it holds 0.5 fib(also the value area low of the larger fixed range pull) as gaming tokens usually run at a different time, separate from other narratives.
GALAUSDT UpdateIn my previous post about BINANCE:GALAUSDT , I predicted a 30% pump. I have attached that post here.
However, you can see that the price has reacted to the resistance and has not yet been able to break through it. However, GALA is still bullish for me, and there are two scenarios that could happen in this situation. This currency is waiting for the next move of BINANCE:BTCUSDT and will start its next move with Bitcoin, which can be bullish or bearish. Or, the next upward move will begin from the points I marked on the chart. Please note that there have not been such upward movements in the crypto market for several years, and many people think this is the end of the bullish market. However, anything is possible in a volatile market.
Gala "Unlocking Potential: Why It's Time to Buy Now!"**Gala Coin: A Short Fundamental Analysis**
Gala Coin (GALA) is a native token of the Gala Games ecosystem, a decentralized gaming platform powered by blockchain technology. Gala Games aims to revolutionize the gaming industry by providing players with true ownership of their in-game assets and rewards. GALA tokens are used to purchase in-game items, participate in governance, and earn rewards.
**Recent News**
* Gala Games has announced a partnership with Polygon Studios to expand its ecosystem.
* Gala Games has released a new game called Spider Tanks.
* Gala Games has launched a new marketplace called Galaverse.
**Disclaimer**
Please note that this is not financial advice. I am not a financial advisor and do not have the qualifications to provide financial advice. This information is for informational purposes only and should not be considered as an offer to sell or a solicitation of an offer to buy any security. You should always do your own research before making any investment decisions.
**Additional Information**
* Gala Coin has a total supply of 100 billion tokens.
* Gala Coin is currently trading at $0.0027 USD.
* Gala Coin is listed on several exchanges, including Uniswap and Gate.io.
I hope this information is helpful. Please let me know if you have any other questions.
GALAUSDT- In a Bearish TrendGALAUSDT is making a bearish trend as it is printing LHs and LLs. The trend is also confirmed by the trend line and RSI indicator. So took the smart entry by using Fib Tool.
GALAUSDT is BearishGALAUSDT is in a strong bullish momentum but it seems like the run is loosing steam and the bearish divergence on RSI at 4H time frame is an indication that a dump is on the horizon.
GALA/Usdt. Intraday signalsYuuuppp traders. I hope you have a good day
It's my gala chart as you see price creates upward wedge. If buyers come to this level maybe
price bounces up till next level that shown for you
2 path are considrable in my opinion guys. Please bcareful about your trades my fellas
Don't fomo for making fast money
Gala weekly chartThe gala weekly chart looks fairly bullish to me. I drew a fib retracement from the most recent macro swing high and the token has been ranging within the first fib level for months. The first and second attempt at the red fib have failed. The RSI has broken out of a macro downtrend and the EMAs are beginning to curve upward. Volume shows a macro uptrend as well. Gala tends to front run gaming hype but provide less multiples during bullish trends. I would say it goes for the green fib in the next month or two if this gaming hype remains. I do not own any Gala as I believe there are better lower market cap opportunities out there.
🌟🔍GALA's Remarkable Recovery 🚀💡
💹 GALA's Impressive Price Increase: Since the 98% drop from 2021, GALA has remarkably rebounded, gaining nearly 120% from its support at $0.01271.
🤝 Team Issues and Strong Comeback: After some internal issues among the GALA team, including disagreements between the CEO and founders/co-founders, the coin has made a notable comeback.
🔒 Current Resistance Challenge: GALA is currently facing a significant resistance at $0.02816.
📊 Rising Wedge in Daily Timeframe: The coin is in a rising wedge pattern, which is typically risky for continuation. If this pattern breaks down, there's a potential for a 33% drop to $0.01742, though this scenario seems less likely.
👀 Watching Bitcoin's Move: The next steps depend on Bitcoin’s reaction to its support at $36,358. A break below this level could lead to a decline to $32,800.
📉 Potential Impact on GALA: If Bitcoin loses its support, GALA may break its wedge pattern and experience a sharp decline.
🚀 Bullish Scenario for GALA: If Bitcoin holds its support and moves towards its high, and simultaneously Bitcoin dominance fluctuates or drops, GALA could be one of the best coins to buy.
🛒 Buying Strategy: Consider buying GALA after it breaks the $0.02816 resistance, especially for long-term holdings. Don't use a tight stop loss for long-term trades. For a safer entry, consider entering after it surpasses $0.03135.
👁️ Volume Importance: Pay attention to the volume to confirm the trend.
🔑 Related Categories:
Pattern Analysis
Resistance and Support
Volume Analysis
📣 What’s your take on GALA's future? Share your insights! 🌐💬 #GALAToken #CryptoInsights #TradeCityPro
📚 Remember: Cryptocurrency markets are volatile. Always conduct thorough research before investing! 📈🔎
