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GALA / TetherUS PERPETUAL CONTRACT

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GALAUSDT.P trade ideas

Gala Short to 0.02675On this fibonacci analysis it shows the bears might be heading towards the 236 fibonacci retracement down at 0.02675 area. If we find support there would be a great place to build longs. Today there was a sell signal and I dont believe we recover before we hit some bigger support on much lower number. I wont be buying until my target gets hit or I see a convincing buy signal. Next possible support above 2675 is 3200, which might give us a temporary bottom. I'd like to be ready with a short from higher so I can withstand that.
Short
by TheChartWhisperer
GALA USDT - Just an idea* its just an idea and not a pro advice * I believe to Gala potential but note sure about the exact time and price, Gala can touch Fib 0.786 soon if the price do not cross from the 2H support line (Current 0.051) after the previous Pump. If Gala pass the mentioned support and RSI break down the trend line, we could expect the Price comes to 0.0402 (Fib 0.236) and by touching the MA 200 daily, go for 0.382, 0.5 and finally 0.786 Fib. I will appreciate you to share your opinion BINANCE:GALAUSDT
Long
by INSECTMAN
6
Gala Games, Plenty of upside potential - LongGala seems to be trading within a flag setup. At all different hourly intervals, it looks oversold. Many other fundamentals look good; Volume is even picking up a bit. Support areas are strong and $Gala regularly makes big moves off support areas in short time periods. A look at the list of 'whales' shows little activity from them, if any, in relation to trading Gala; many received their coins when Gala was priced higher. Consolidation has been going on for a bit after the last push above six cents. IMO, it's a steal at these prices and something to hold onto for years. Gala Games has plenty of upside potential. They recently acquired Ember Entertainment and will begin onboarding Ember Entertainment mobile users to Web3. Ember Entertainment has several mobile games, which only add to Gala Games' already attractive portfolio. Gala plans to be the platform for web3 gaming; they understand mobile gaming is extremely important. They're making good moves, continuing to build, merge, etc. *Important* - Cointelegraph headline - Gamers made up nearly half of all blockchain technology in January. Mobile gaming is almost $140B/year industry up $30B from last year (2022). Gaming on web3 will be huge, who doesn't want to take in-game purchases after they're done with a game and trade or sell them? *This is not financial advice. Added TPs and a stop loss just in case. IF ETH & BTC drop significantly, Gala will, too.
Long
by ItaintJG
1
GALA token forming bullish BAT for upto 25% pumpHi dear friends, hope you are well and welcome to the new trade setup of GALA token with US Dollar pair. In previous trade setup, the priceline of GALA was moved slightly moved down than buying zone, however, recovered soon and pumped more than 26%. Now this time on a daily time frame, GALA is about to complete the final leg of a bullish BAT pattern for another bullish reversal move soon. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
GALA Bearish TriangleThe instrument, after a recent pump, was poured into the volumes of buyers, which are now declining, thereby moving into accumulation (balance). In the trading range, the price approached its local lows, accompanied by declining loyalties. There was an approach to a downward slope, but there was no sharp reaction from the buyer during the long period, which may indicate its absence or weakness. Now the price is forming a trade in the support zone of the round number 0.46$ I expect the continuation of the local short with activity in the glass
Short
by CScalp_EN
1
GALAUSDT is ready for the breakout?The current price of GALAUSDT is testing a dynamic resistance level in the $0.05 area where the market also has a static daily resistance level. Additionally, the price is creating an inverse head and shoulders pattern, which is a technical chart pattern that may indicate a potential trend reversal from a downtrend to an uptrend. An inverse head and shoulders pattern consists of three distinct troughs or valleys with the middle trough being the lowest, forming the "head," and the two outer troughs forming the "shoulders." The middle trough or the "head" is typically lower than the shoulders, and the pattern is completed when the price breaks above the "neckline," which is a trend line drawn connecting the high points between the shoulders. If the price of GALAUSDT is able to break out from the neckline of the inverse head and shoulders pattern and the market satisfies Plancton’s rules, it may be a signal for a long position. To satisfy Plancton’s rules, a trader may have a predetermined entry price, set stop loss and take profit levels to manage risk and maximize profits, and monitor the price action for any signs of a trend reversal or invalidation of the initial analysis. ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
13