GALAUSDT.P trade ideas
GALAUSD LONGHello friends
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GALA/USDT is at lowest pointHey, traders
Let's start with GALA coin here again. Well one this we would like to mention is that this lowest zone ($0.024) has been holding for some time now so we see there might be some small correctional bullish movement but not for a long as well. Any thought here guys?
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Gala Hits New All-Time Low | Time To Recover!As you can see from the chart below, GALAUSDT hit a new All-Time Low just days ago and is preparing to reverse the trend.
22-Nov-2022 Gala hit its lowest price since September 2021, when this pair was made first available for trading on this exchange.
For those looking for trend-reversals, hitting new lows is always a great signal.
How to know if this is really a low and a bullish wave will take place or if prices will continue lower?
One way is to look at the RSI.
If you notice early November, you can see new lows being hit but the RSI being weak.
Right now GALAUSDT went even lower yet the RSI is now strong.
Another way to know if a bullish wave will follow a new low set is by looking at how the other pairs/assets/altcoins are behaving.
When you see pairs such as DOGE and LTC, ETH, REN, MATIC, FTM, etc. You have another signal that supports a change of trend.
If all these other pairs were looking bearish, this low might not be the end.
Since we have a strong RSI and many other altcoins already moving up, we can say that GALA too will recover... If not, we have a setup with very low risk and high potential rewards; which is what we are looking for anyway.
Namaste.
Long GALAGala will pump??
What do you think??
In my opinion there is an opportunity for long at price 0.0256 ,stop loss at price 0.0235 and take profit at price 0.0288.
This chart inverted version
Gala moon possibilityThe demand zone is intact and pushed back gala and it's now in process of going towards 0.049 after that it may retest or break through depending on buying pressure.
DCA into Gaming - GALA, SUPER or UOS? Gaming coins have taken a big hit this bear market. Now I feel that it's time to DCA into a couple of them. GALA need 30 X (!) to reach All Time High (nov 21). Excited to see what gaming coins can do next bull market. Here are my top 6 gaming coins 1. ) Matic 2.) PYR, 3.) UOS, 4.) GALA, 5.) SAND, 6.) SUPER.
GALAUSDT$Gala is currently trading close to a major resistance (which doubles as the exchange listing price on Binance) in a descending triangle chart formation as shown with the HLs it has been making, I expect the price to bounce from this price range to the upside. According to the Fib Retracement Tool, a major bounce should take the price towards 0.786 Fib levels which correspond to the price at $0.04788, where whales can push the price further as shown in the chart.
Take note: $Gala like other Alts, is trading in a direct relationship with #BTC, hence, a breakdown isn't ruled out as a result of BTC's downward movement.
GALA technical analysisPrice had filled the imbalance around $0.0246 and missed the 5h demand zone shortly before moving up again. I expect price to reach the discounted 2h supply zone around $0.0265 where we would be looking to short from.
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GALAUSDT - SETUPGALAUSDT's price is approaching the apex of the triangle. Bulls need to step in and take charge if they really want to consider this support a legitimate one. So watch out for further price action, If any price arises from this area we may see a good upside. Trade accordingly!
GALA - possible reboundHello guys, hope you are doing fine. Honestly I really think this is very possible rebound on GALA. The dump on GALA reminds me Cardano from 2018. Of course everybody is thinking that BTC will go down even more, but to be honest nobody knows where is the bottom. When we will count the weeks and halvings I truly must say we bottomed. All the fud is allready sold. Inflation, wars and so on is sold out. What else can come? The Theter crash? I hope not. I oppened long right now with x10 leverage on GALA. Its not a financial advice. Take care!
GALA/USDT Sitting at the bottomHey, traders
Let's start with GALA coin here this time. Well price is at the bottom here and touching the bottom Support and BB indicators lower line as well - which gives us two confirmations of bullish movement but there is not much of a movement or volume near bottom so hard to predict. Now all we need to do is wait for additional confirmation
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
GALA long upcoming ?!BTC and ETH near its possible bottom, we can assume Gala is ready for the pump..
possible key levels marked out
for educational purposes only, DYOR before trading
Possible rise of the cryptocurrency Galahello traders
We have a bullish motive wave and a correction. We expect to get another motive wave. If we get a break of the range with a strong candle, we can buy the targets as shown on the chart.
GALA is in the critical PositionAccording to the Chart Gala is in the bottom of the Triangle an it can goes in both direction. if the dynamic support line break out we can have a bearish move in Gala , and if the dynamic support line do his job and then break the dynamic resistance line we can have bullish move up to the ATH resistance level.
we should wait and see what will happen in the near future.
good luck, please like , comment and share to support us. Thank you
Bullish Long Term Gala IdeaPlan A :Buying from levels between 0.03 : 0.025 with SL at entry level after securing some profit @0.05
Plan B: if price keep dropping keep buying as shown in the chart
Best point to buy GalaHello friends
I hope you are well and survived the recent fall.
Gala was supported at the bottom of the daily channel with high volume and is a good point to buy with the aim of the top of the channel. If the ceiling of the channel is broken, the target is 0.186
Wait for confirmation first! ✨I think this is a very interesting moment for this coin as it approaches a very important resistance level. However, it's no clear yet if it could break through it or reverse altogether so here are 2 tips. If it breaks through, wait for the retest to enter and set target a little bit below resistance level as it could react fast to it and drop fast once it reaches. Another scenario could be it actually break the upper channel it's making and if it does wait for the breakout once you have it, wait for the re-test of this breakout and then enter the trade lower. Always wait for confirmation to be safe. Target for down is previous resistance turned into support.
GALA will Rise!GALA is on the way to move up, the potential is high, pay attention to it
THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
GALA Either OrGALA forming some patterns on the daily chart. I'd like to see a bounce up from just above 0.03 and a retrace from just below 0.06 when the price gets into these areas
Incoming dump of GALAGala Broke an uptrend in the downside and now it’s retesting the trend and will retest the support shown in the image.
The current GALA situation is very hard because of the recent hack and the dump on Huobi platform etc.. even after the compensation of the investors they will sell their tokens. Keep your money away from gala and sell it.
NFA
