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GALAUSDT trade ideas
Intraday. GALA. 0.01908. LONGThe token approached historical levels quite quickly. There was no impulse after the level was broken. There are signs of a pullback on minor timeframes. Looks like a good false breakout.
GALA LONG ✉️ Pair: GALAUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: $0.01830
📊 Entry 2 (DCA): $0.01500
✅ Target 1: $0.03200 (I recommend selling 20-30% of your position)
✅ Target 2: $0.03800 (I recommend selling 20-30% of your position)
✅ Target 3: $0.04500 (I recommend selling 20-30% of your position)
✅ Target 4: $0.05200 (I recommend selling the remaining position)
⛔️ Stop Loss: $0.01400
GALA is trading within a descending channel and nearing a key demand zone. The price is testing a critical level around $0.01830, which could lead to a significant bullish breakout if sustained momentum is achieved.
If the price manages to break above and confirm the breakout of the descending resistance, it could signal a trend reversal. In this case, entry is recommended at $0.01830, with a second buying opportunity (DCA) at $0.01500.
The targets are set based on potential recovery and trend reversal:
Target 1 at $0.03200 reflects a significant initial resistance. I recommend selling 20-30% of your position at this level.
Target 2 at $0.03800 and Target 3 at $0.04500 are higher resistance levels that could be reached during a positive trend. I recommend selling 20-30% of your position at each of these levels.
Target 4 at $0.05200 is a more ambitious long-term goal, considering a complete reversal of the descending trend. I recommend selling the remaining position at this level.
The stop loss is set at $0.01400 to limit risks in case of further decline below the major support level.
DON`T FORGET TO BOOST
GALA GAMES (GALA/USDT) BUY1. H4 demand zone.
2. H1 QM zone has formed.
3. H1 OA.
4. Pending order at H1 QM zone.
GALA Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
INDEX:GALA is currently showing a rebound, holding support at $0.0205, and it is likely to rally once we see a breakout and close above the $0.033 resistance trendline.
The 35 EMA is acting as the primary resistance for GALA, and it must break above it to continue the rally.
Key levels:
- Crucial Support: $0.0205.
- Primary Resistance: 35 EMA ($0.02565).
- Resistance Trendline: $0.033.
- Target: $0.0867.
- Invalidation Point: A close below $0.0205.
DYOR, NFA.
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GALA WATCH LISTThe Gala currency has formed a head and shoulders pattern, which if it manages to maintain its support, it will climb well BINANCE:GALAUSDT KUCOIN:GALAUSDT
GALAUSDT 1WGALA ~ 1W
#GALA If the price revisits this support block, it might be a very good buy. at least for the short term.
GALA 2x SoonINDEX:GALA could double in price here easily as it retests the first nuke area from ATH's. Looking to get long.
HODL GALA HODL GALA FOR ALT SEASON Q1 2025
1. CrowdSwap predicts that the price of GALA will be around $0.2989 by 2025, indicating a significant increase from its current price.
2. CoinCulture estimates a more conservative value of approximately $0.1739 by 2025, but still suggests potential growth.
3. Blockchain Reporter forecasts a range between $0.073 and $0.088 for 2025, which, while lower, still indicates a positive trend.
4. Changelly provides a prediction of $0.1364 by 2025, suggesting a steady increase.
5. Flitpay offers a more optimistic outlook with a maximum price of $0.93 by 2025.
#GALA/USDT#GALA
The price is moving below a downtrend on a 1-hour frame, and the trend is being tested now and is about to break to the upside.
We have a bounce from the green support area at 0.001900
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.02000
The first target is 0.02370
The second target is 0.02600
The third goal is 0.02870
OVERSOLDI usually wait for confirmation before making any predictions but I'm feeling this one. Been bearish for a couple of months and RSI is screaming to go back to overbought.
Goin long!
A descending triangleA descending triangle is a technical analysis chart pattern used in trading and investing. It's a bearish continuation pattern that forms when:
1. A price consolidates within a triangle, with
2. A falling upper trendline (resistance) and
3. A flat lower trendline (support).
The descending triangle indicates a breakdown below the support level, suggesting a continued downward price move. It's considered a reliable pattern, as it shows selling pressure increasing while buying pressure decreases.
Key points:
- The pattern typically forms during a downtrend.
- The falling resistance line shows decreasing demand.
- The flat support line represents a level of supply.
- A breakdown below the support level confirms the pattern.
- The target price is estimated by measuring the height of the triangle and subtracting it from the breakdown point.
The descending triangle is a strong indication of a potential price drop, and traders often use it as a signal to sell or short a price. As with any chart pattern, it's essential to combine it with other technical and fundamental analysis tools for confirmation.
Bear Takeover Bears have taken control!
If/when it breaks .034 support we could be looking at a bottom of .026 maybe even flash crash down to .021.
This ship is goin down some before breakoutConstant rejection every leg up, looks like the bears are going to take the cake on last time before the next break out. Going short!
TP1 .037
TP 2 .034
TP 3 .030
BUY THE FEARWe've dumped quite a bit and have consolidated nicely. I've closed my shorts and now buy signals are in.
Market is overly bearish so I go bullish.
Buy the fear, sell the greed.
GALAUSDT 1D#GALA is moving inside a descending channel on the daily chart. It is holding the middle line of the channel, and the RSI is in the oversold area. The targets are:
$0.03272
$0.04071
$0.04631
$0.05192
$0.05885
$0.07006
Remember, the resistance around $0.04 is strong.
Support is around the $0.02256 level.
GALA Scalp TradeI suggest taking profit on the appropriate level for the high-risk, high-reward trade in Gala altcoin.
GALA TREND ANALYSISWaited awhile for pice to come to the .25 zone but it finally did for a retest of the macro falling wedge it broke out from. Also lines up with rising channel if you disregard the bigger correction. Now, looking at the weekly ichimoku cloud. When I see cloud wall like this on the weekly, I get very excited. Certain assets that pump well, can run the face of these cloud walls and GALA has a history of being able to pump. Refer to TRIAS and SHIB on the weekly and you will see that both coins completed the weekly cloud wall pumps. Will it hit .40? We shall find out. But not in GALA hodl mode as I believe alt season is beginning as BTC grabbed support and could soon see new highs.
GALA — Oversold RSI, Local Bottom → 16% Upside PotentialGALA found a local bottom at $0.027 and printed a reversal candle on the daily chart. Additionally, the RSI and Stochastic Oscillator hit oversold levels.
Moreover, the crypto token performed well during Bitcoin's dip yesterday.
Therefore, it is likely that GALA will enter a bullish direction. The next resistance is $0.032, resulting in a 15%-16% profit potential.
Historically, the oversold RSI on the daily chart resulted in some pretty solid gains: Out of 62 signals, GALA pumped more than 10% in 82%.
Gala (GALA)On the above 4-day chart price action has recently corrected 50% since a sell signal in late January (ask below if you wish to see). A number of reasons now exist to be long..
1) You know why.
2) Price action finds support on the golden ratio.
3) There is a positive divergence between RSI and price action.
4) The bull flag channel, naturally a bullish pattern on confirmation of a breakout to the upper side of the channel.
5) A breakout confirmation will result in a 300% gain from current levels.
Is it possible for price action to fall further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <= 6%
Timeframe to open: Now
Return: 300%
