GALAUSDT trade ideas
GALA/USDT exciting opportunity bullish horizon?👀🚀GALA Analysis💎 Paradisers, gear up for a promising trading opportunity with #GALAUSDT. There's a strong potential for a bullish reversal from the key support at $0.03557. If it maintains its momentum at this level, there's a significant chance it could initiate a bullish push, aiming to breach resistance and target our designated strong resistance area.
💎 Should INDEX:GALA fail to rebound from the $0.03557 support and instead break below it, this could indicate a continued downward trend, with the next critical demand zone at $0.03317. Notably, this level has already seen significant upward movements twice due to its robust liquidity.
💎 If #GALA reaches this demand zone again, it is crucial for the price to secure a rebound from this level to maintain support. A failure to rebound could escalate bearish momentum, exacerbate negative market sentiment, and possibly lead to further declines in price.
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We are in the Fat Candle Support zoneUsing the new volume candles from TradingView which are absolutely amazing. We can state some simple facts.
We are currently in a zone where previously, fat candles have formed at this zone.
I am expecting another fat candle, hopefully to the upside out of this zone.
HOWEVER! I will play to the downside as well. This is a tightening range, and a breakout is coming, but it could very well be to the downside. Use stops! we've seen several breakouts fail recently as well, so move those stops up and lock in profit if you can when we get a move.
#GALA/USDT #GALA
We have a bearish channel pattern on a 1-hour frame, the price moves within it and adheres to its limits well, and it is about to break upwards.
We have a green support area at 0.0450
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price is 0.4600
The first target is 0.04800
The second goal is 0.05070
The third goal is 0.05320
GALA ANALYSIS🔮 #GALA Analysis
💲💲 #GALA is trading in a Descending Triangle Pattern. If the price of #GALA breaks and sustain the higher price then will see a pump of around $0.07450 expecting almost 70-75% in coming weeks📈
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀
#GALA #Cryptocurrency #Support #Resistance #DYOR
GALA updatedPossible double bottom playing out in the coming few weeks.
I don't believe we are in FULL BLOWN ALTCOIN season as of yet.
BTC dominance is still to high. Watch for this formation on GALA
If it plays out like a think it will...THAT IS WHERE YOU GO APE shit
on GALA when price hits roughly .33 cents. I've seen these double
bottom patterns play out just before ATLCOIN SEASON is set to explode.
!!!PAY ATTENTION!!!...oh and...Happy Trading!
GALA Short Positron Playing Out NowYou should be able to find entry and it could get back up close to entry.... Either way this is my plan and it a great risk to reward. Used multi time frames to determine possible take profits at the blue lines but I believe in a day or two this will complete. It hit a big supply zone and needs to find demand. Like always just my idea based on what I am seeing on the charts, I have been in this trade since much earlier but there is still plenty if room for profits. Just use your strategy to find a good entry point. This is not necessarily a reversal just a pullback so take profits...
This is not financial advise just a trade I see as being very profitable as is already. Patience is key This is rushed so my apologies.
GALA coin analysisGala coin has breakout previous valid high and turned into bullish trend after CHoCH. But it is forming trendline liquidity as shown on the chart. Thats why I will long below that liquidity zone which is aslo a sell side liquidity. I am expecting price to come below that poi after toiucing its supply zone. This is my analysis on 1H time frame. What are your thoughts?
Watch GALA to hit this lineThis is a line of confluence. BTC will probably come back down
eventually to retest 51k. Watch GALA to possible hit this line and
bounce. This is on the WEEKLY time frame so this could take 2-3
months to play out. That's where you go LONG on GALA. Not a
bad area right now to DCA into this game token while things are
gonna get somewhat boring. Good luck and happy trading
GALAUSDT 1D analysis.Hello, friends!
This is ESS team.
LOOK this chart that we expect some.
After a BIG rise, GALA is making a berish extended wave.
The BLUE 5D uptrend line is where GALA needs to be supported in order to rise.
If this trend line is supported, and rise up,
and then, If the upper end of the extended wave is also retested after the breaking upward,
the GALA will fly once again.
Unfortunately, If the blue uptrend line is retested after breaking through due to the strong sell-power, it could drop to the bottom of the extended wave.
$GALA Trading IdeaGALA/USD has formed a potential descending channel on the 12H-1D timeframes. There's a strong chance we could rise from the bottom and retest the local resistance at $0.05274.
If it breaks out of this channel to the upside, my potential targets would be around $0.068 to $0.086. Keep an eye on this setup.
Analysis GALAIn the previous analysis we have seen a price leap again?
There was a block block in 0.053 that somewhat filled
There is no much buyer in the market right now and I expect to move towards small support of 0.039 if this support can be lost to the golden support of 0.024 and be able to buy.
If each of these two -lane is maintained, we can reach the resistance levels stretched with red
Note to put your purchases in two said support
🔥 New Bullish Trend Is Just Started 👉 The Main Formation For GALA Is a ABC Corrective Pattern Which Wave C Completed At The 0.038$ Area And The Price Perfectly Bounced From This Support And Looks New Bullish Wave Is Started
📈Currently There Is a Nice Bull Flag Formed At The Lower Timeframe Which I Expect a Breakout Soon, Totally The Setup Is Bullish At Both Low And High Timeframes
🎯 Short And Mid Term Targets Are 0.066$ And 0.1$
GALA: buy by risk
📊Analysis by AhmadArz:
🔍Entry: 0.04723
🛑Stop Loss: 0.04132
🎯Take Profit: 0.05159 -0.05665 -0.06041 -0.07028 -0.07653
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