GALAUSDT trade ideas
$gala longi am longing BINANCE:GALAUSDT on a wider time frame, based on volume picking up and thinking of an reversal of the big downtrend it had.
its a bit early, but pushing trough 0.027-0.028 should make it run.
trying to sell like 20-30% of it at first bigger resistance at 0.044 and let the rest ride risk free.
let's see
Gala looking very bullish!Gala is looking for new highs.
Above the 4hr support, and breaking out!!
TP around 0.031
Gala (GALAUSDT) Analysis: Gaming Sector Poised for Upside Move!Exciting times ahead for Gala (GALAUSDT) as the gaming narrative gains momentum and GALA positions for a potential breakout.
Key Points:
Technical Setup: GALA has been under close observation, particularly as it approaches a critical juncture. It's currently in proximity to the daily descending resistance line dating back to May 2022.
Resistance Challenges: Overhead, substantial resistance looms. GALA faces the dual challenge of breaching the daily resistance line and surpassing the $0.026 - $0.028 resistance area. A successful move beyond this region could pave the way for further upward momentum.
Next Resistance Zones: Once past the initial resistance, the next areas to watch are $0.035 - $0.038. These levels could become key battlegrounds as GALA aims higher.
Support Levels: It's crucial to monitor the support levels. The current support at $0.024 is pivotal. If this level doesn't hold, the next support sits at the bottom of the range around $0.02.
Investor Caution:
Given the potential for significant price movements, traders are advised to exercise caution and closely monitor GALA's price action. Breakouts and breakdowns from key levels will provide valuable insights into the coin's next directional move.
#GALAUSDT #LQR #TOBTC #LaqiraProtocolThe price has been supported in the bottom of the support channel. In case of a correction move to the Middleline Level and after confirmation, you can look for reasons to enter the trade according to your strategy, and in case of a strong channel failure and confirmation, you can open a sell position This analysis is a personal view and the offer is not buy or sell
GALA to $2One of the best coins if you want exposure to crypto gaming. I believe this coming cycle GALA will break it prior ATH and go into price discovery
GALAUSDT is BullishGALAUSDT is in strong bullish momentum, and the rally is on track to print new higher highs in coming days.
GALAUSDT.PHello Trader BINANCE:GALAUSDT.P
can be seen carefully if you pay attention to the chart tends to weaken because for a healthy market it can experience a periodic decline and the resistance point is valid for breakdown.
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Disclamer: Not Financial Advice
GALA to 0.027 - 0.28 Hello traders,
Honestly this was a trade that I should have published earlier but I was trapped on it
Seems like gala was forming micro inverse head and shoulder pattern on 15m-30m frame
Target of the pattern is at 0.027$
A strong resistance lies at 0.02828$
Notice that btc isn't stable this time, so please take care, market is not stable enough to reach the target but hopefully it well so you have to use stoploss
Stoploss can lie under the neckline or the previous swing low at .02385
Wish you a good day
$GALA breaking outLooking good for break out the bull flag. Need a break out candle to follow buy, otherwise buy on dip at EMA200 H4.
GALA (GALAUSDT)Keeping a close eye on #GALA. Currently at descending resistance line and $0.02550 - $0.02750 resistance area. A breakthrough may push price to $0.035 - $0.0385. If rejected, next support at $0.02060 - $0.022, at the daily 200 Moving Average (MA). Stay tuned for updates! 📊💹
#CryptoMarketWatch 🚀✨
🎮 GALA: Navigating the Reversal Play 🚀In the ever-evolving world of crypto, GALA has caught the attention of traders with its intriguing price action. Despite a decline since 2021, the coin has shown resilience, leaving substantial liquidity overhead. The recent price move, executing a drop beneath the global pivot level and forming a double bottom, signals a robust reversal pattern. Buckle up as GALA gears up for a potential upswing.
Chart Analysis: GALA's Double Bottom Drama
GALA's chart reveals a compelling narrative — a sustained drop since 2021 followed by a decisive move below the global pivot level. However, what captured the attention of seasoned traders is the formation of a double bottom pattern beneath this critical level. This reversal pattern is often a precursor to a bullish turnaround, indicating a shift in market sentiment.
Technical Indicators: Reversal Signals in GALA
Key technical indicators, including the strong bounce off the double bottom and the historical liquidity left above, are aligning to create a potential reversal scenario. The double bottom acts as a psychological support level, and combined with the retained liquidity, it sets the stage for a bullish resurgence.
Trading Strategy: Riding the GALA Reversal Wave
For traders eyeing GALA, the double bottom presents an opportunity for strategic entries. Monitoring the reaction around the historical liquidity zone and gauging the strength of the reversal will be crucial. A well-planned trading strategy considering these factors could position traders favorably for the potential bullish wave.
Conclusion: GALA's Play for Redemption
As GALA maneuvers through its recent price action, the formation of a double bottom speaks volumes about the coin's resilience. The retained liquidity above the global pivot level adds another layer of intrigue, hinting at a potential redemption play for GALA. Traders and enthusiasts alike are now watching closely as GALA readies itself for a potential reversal.
🚀 GALA Analysis | 📉 Reversal Patterns | 💡 Trading Insights
❗See related ideas below❗
Are you gearing up for the GALA reversal play? Share your insights 💚🌐💚
Gala Games possible 130% move?KUCOIN:GALAUSDT testing a key level of significance (marked by red arrows). Trying to get above the 2100 area. If we stay above it and get on top of the 200MAs on daily (picture added) the next big resitance level is 5 cents. Possible 130% move for the patient.
XRP trade just hit our first target after breakout, 22% move.
And DYDX to stop loss, if you are intested about a losing trade and how to take a loss
My plan for Gala. I hope the most of you made nice profits on this leg up. I still think it will go down one last time. If it does then im all in. If not, then ill focus on other coins. Lets see what the marked does amigos.
$GALA breakoutLog scale - overlapping Fib retrace from ATH/ATL and 2023 wave @ 0.06 to ATL - confluence resistance levels appear at;
R1: $0.034 (0.618 + 0.236 retrace levels + alternated support at $0.033 from March 23)
R2: $0.062 (1 + 0.38 retrace levels + price resistance at 0.062 from Jan 2023)
R3: $0.166 (1.618 + 0.618 retrace levels + alternated support from Jan 2022)
Massive Triangle formation that has broken since November.
GALA/USDTGALA Usdt has entered the range move. It broke 0.021 resistance with good volume. If the market pulls back will pick it up in support, if the resistance is broken with good volume will add more.
SUPPORT CHANNEL FOR BULL-RUNENTRY FOR BULL-RUN
This chart tells me that we have a great climb ahead of us in the next two months
Short to mid term $gala prediction ====> 35%+ possibleLooks like trignage breakout already large happen on daily time frame and retested .One of the strongest confirmations but it is not without the risk. Gala is long due for relief rally. We may see quick rally towards $0.02 region which is roughly %35 gains! I will update this chart as we move along.
GALA performing a bearish fix after nice bullish movementGALA performing a bearish fix after nice bullish movement
The Inducement is far from the Order-Block which gives great RR
The OB is really next to Fib 0.618
1 Hour Gala Key Insights and TrendsGala is currently at an important demand zone and is also in the process of retesting the trend line
We can expect two scenarios:
holding the demand zone and continuing the uptrend
breaking the trend line and initiating a reversal
Gala's All Time High Return Gain %Just so you long term fan boys can see it.
If you long now and set an alert at Gala's all time high, you could be looking at 3900% gain.
Say $1000 into $39,000.
Say $5000 into $200,000.
Of course no one knows the future.
I just like the long term in clear view of it's all time high.
Happy trading.
Not financial advice.
Gala Targets V2 Coinbase (wen)Gala is primed for a pump as it did in the recent past.
If you are a pattern trader you should be in awe of the falling wedge.
If Coinbase list Gala V2 I could see us do 200%
Who knows? Maybe we dip down further for an even better entry.
Push play and watch. Thats the fun part.
