GALA falling wedgeHi traders
Let"s take a look at GALA chart on the 4 hours time frame. The price has been creating lower highs and lower lows. The price has been in a bearish trend and has been creating the falling wedge pattern. We expect the price to break the downslopimg resistance line to upside. If this happens we would take a long position. Let"s wait until the breakout occurs.
Targets are shown on the chart
GALAUSDT trade ideas
🐺 keep your eyes on GALA 🐺🚀Hello my friend ! 🐺
Today I want to talk about of one the most popular gaming token in the last bull market and even in the current situation .
As you can see in the chart above , GALA currently is in the uptrend and also we have a clear flag pattern in the chart which is a continuation pattern ; also price currently holding above the weekly support line ( purple horizontal line ) .
In my opinion if price break above the flag , we could expect another 100% pump to the next resistance level , which is around 0.12$ mark .
Have nice trades.... 🐺
#GALA/USDT#GALA
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area and the price rebounded from it at a price of 0.05
We have a downtrend on the RSI indicator about to occur. The fraction is up
We have a higher stability moving average of 100
Entry price is 0.055
The first target is 0.060
The second goal is 0.066
Third goal 0.073
$GALA 55% SHORT-TERM GAIN | TREND TO WATCHI am currently watching this short-term GALA downward trendline waiting for some sign of a break out before entering a long position. This will most likely be confirmed or cxled in a couple days to weeks depending on Bitcoin's price movement. Lowest entry could lead to a quick 55% spot gain. Set your alerts. This would be a continuation of the long-term trend breakout which I posted about previously.
After GALA falls, does it wait for bargain hunting before risingIn GALA’s previous analysis, my opinion was biased toward a downward bull flag breakout.
However, the market did not break out as I expected.
The market is now at the bottom of the triangle convergence and showing signs of breaking below
If GALA chooses to fall below here, it is likely to go directly to the position of 0.04557
The shape of BTC is also in a triangle shape, and there are also signs of falling below
When BTC falls, altcoins fall even more ferociously
Analyze the next trend of GALA.The market has experienced a rapid decline in the past two days, but judging from the charts and price reactions, the market still has upward momentum.
The current price is located in the support area of 0.05917, which has also formed a Power of 3. structure in the LTF. I will pay attention to the reaction of the market after the breakthrough.
If we can break through quickly and well, we have a chance to break through 0.087 in the next 1-2 weeks.
GALA/USDT bullish horizon from support? 👀🚀GALA Today analysis
💎 Paradisers, let’s delve into the intriguing movement of #GALAUSDT. Currently, it is retracing and meticulously approaching a critical support level at $0.04965. This level holds immense significance, and its ability to transition from a mere retest to a robust support could be the harbinger of a potential bullish surge.
💎 Since the price of #GALA has failed to break the previous high, short-term bearish sentiments are prevailing. However, as of now, the price approaches the key support level at $0.04965. If it maintains its momentum at this crucial juncture, we may witness a delightful bullish reversal. Picture it: the price ascending, breaking free like a phoenix from the ashes.
💎 But ah, the markets are fickle, my friends. Should the price of INDEX:GALA dip below this pivotal zone, our strategy must adapt. Brace yourselves! We anticipate a bullish rebound from the secondary support level at $0.03627. Failure to reclaim ground here could spell further declines. So, stay vigilant, stay nimble, and let’s navigate these market fluctuations with grace and precision.
GALA: buy in wedge📊Analysis by AhmadArz:
🔍Entry: 0.06513
🛑Stop Loss: 0.06354
🎯Take Profit: 0.06674 - 0.06832 - 0.07012
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GALA UPDATE 12HThis is an update to the analysis you see in the "Related Ideas" section
It responded to the range of the previous analysis, but we expect the area we specified in this update to be retested.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You