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. Longby SmallBagsHereandthere555
GALA B.OHigh buy pressure, Midterm 0.78 - 1 USDT Study only Gala chain rwa? volatility? Longby LucasP26Updated 3
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.by Bithereum_io6
GALA Scalp TradeI suggest taking profit on the appropriate level for the high-risk, high-reward trade in Gala altcoin.Shortby Ener-traders333
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.Longby wesheets7
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%.Longby ben_walther5
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%Longby without_worriesUpdated 434385
Golden Ratio Zone | Long BiasOn Week Chart GALA has been downing to Golden Ratio Zone and touch lower trend line of Fibo Channel Wait it creates bottom and have some signals for reversal Time will tellLongby trieutv6
GALA - Has potential - Buy in SpotBINANCE:GALAUSDT (1W CHART) Technical Analysis Update GALA is currently trading at $0.02823 and price is retracing after breaking out from the resistance line, since the price had significant retracement, i'm expecting this support line to hold and bounce back from it. This gives a good opportunity for long trade, You can either buy in spot market or in future with low leverage (minimise your risks) Entry level: $ 0.02435 - 0.02817 Stop Loss Level: $ 0.01399 TakeProfit 1: $ 0.03599 TakeProfit 2: $ 0.04789 TakeProfit 3: $ 0.06562 TakeProfit 4: $ 0.13133 TakeProfit 5: $ 0.28521 Max Leverage: 2x or Spot Position Size: 1% of capital Remember to set your stop loss. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCryptoLongby GreenCryptoTrades12
#GALA/USDT#GALA The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward We have a bounce from the green support area at 0.02660 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 0.02800 The first target is 0.03500 The second goal is 0.03284 The third goal is 0.03565Longby CryptoAnalystSignal7
GALAThe breakout from the mini bearish trend suggests it's time for me to go long and take profits at appropriate levelsLongby Ener-traders5
#GALA/USDT#GALA The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward We have a bounce from the green support area at 0.03100 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 0.03290 The first target is 0.03630 The second goal is 0.03888 The third goal is 0.04192Longby CryptoAnalystSignal7
Is GALA Ready to Reverse?So, yesterday we closed a daily candle under $0.034 finding support on a daily support level of $0.03221. Whilst I may not catch the exact reversal point, I do believe that we are in the final stages of an ABC correction and a reversal is on the horizon - Here are my reversal points of interest - 1. We could reverse from here or; 2. We could dip down to $0.3038 before reversing or; 3. We could drop down to weekly support at $0.02720 before reversing. I personally think points 1 & 2 will play out for the reasons in previous charting comments. Whatever happens, I think the weekly candle will end up closing on or above the 0.786 fib level ($0.034 or above). If the weekly candle closes below $0.034 I might become a little concerned. I have given reversal point (3) as an option as this is the technical target for the breakdown out of the triangle correction as a possibility. Sometimes expect the un-expected, although I think that this is unlikely but not impossible - this is crypto. Either way a few days ago I said when the price was $0.034, I said that this is the worst place to leverage for this reason. I will wait for the weekly to close out. Longby heywippaUpdated 6
Gala is going to plummet!This is a nail biting zone isn't it! especially if you are leveraged. So Gala has broken support at $0.34, so I am sure everyone's thinking 'that's it!! we're going down'. But are we really? I don't think we are... here's why? - Despite breaking support at $0.34, we haven't closed a daily yet (few more hours). The 4 hour time frame is actually showing bullish divergence. The Stochastic RSI on the daily and weekly are all in buy zones. I give more weight to the higher time frames, but only looked at the 4 hour time frame just to see if I could see a direction on where the daily might go. Personally, I think this is just another classic setup to encourage people to short, before the price reverses upwards liquidating the shorts. Lets see how this goes, if anyone has any thoughts on this would love to hear them in the comments. Longby heywippaUpdated 227
Gala Gala Gala.... Bullish?What a fall from grace Gala has been, since its $0.086 high in March. All indicators are bullish so I wasn't expecting the price to fall below a monthly support of $0.039, but on June 09th it did just that, and fell down to a weekly support level of $0.034 - which also happens to be the Fib 0.786 support level. We are in the midst of the psychological warfare that is crypto, when crypto looks bullish people leverage and then we get a liquidity grab which is what happened on June 09th, now we are hear so everyone thinks its going down so they short the market and right now we are on that psychological level of 'What next' the 'Unknown'.... I'll put my bets on.... we are going up! Don't leverage here, this is where you get your popcorn out, this is where people get wrecked.Longby heywippaUpdated 558
Next resistance area at $0.0400GALA recently tested the support area at $0.03380, which acted as a strong level of buying interest, causing the price to bounce from this level. This rebound indicates that buyers are stepping in to defend the support, suggesting potential bullish momentum. As a result, we may see the price continue to rise towards the next resistance area at $0.0400.by MonoCoinSignal5
Gala 1.42B Breaker support bounce possibleI could see Gala come down and get the bounce. Theres a nice orderblock with imbalance below. theres some good confluence with the 618 above and POCs. I have no idea what lies ahead but these levels will more than likely get respected. Not Ever Financial Advice.Longby AltisonaUpdated 4
#GALA Why Enter This Trade...Why Enter This Trade... In the provided chart for the #GALA/USDT, several factors make this trade particularly attractive: 1. Symmetrical Triangle Formation: The chart shows the formation of a symmetrical triangle, which is a pattern indicating potential breakout points. This is marked by the convergence of the downward trendline and the upward trendline, suggesting a forthcoming significant price movement. 2. Breakout Potential: The price is currently testing the upper boundary of the triangle. A breakout above this line, especially with strong volume, can lead to a substantial upward movement. 3. Support and Resistance Levels: The support level is marked at 0.03414, and the resistance level is set at 0.06197. These levels provide clear targets for setting stop-loss and take-profit orders, minimizing risk while maximizing potential returns. 4. Volume Analysis: There is a noticeable increase in trading volume, which often precedes a breakout. High volume indicates strong market interest and can validate the breakout, reducing the likelihood of a false move. 5. RSI Indicator: The RSI (Relative Strength Index) is not in the overbought zone, suggesting that there is still room for upward movement before the asset becomes overvalued. This indicator provides additional confirmation of the potential for a positive price move. 6. Risk-Reward Ratio: The defined take-profit level at 0.06197 offers a favorable risk-reward ratio. This makes the trade appealing, as the potential reward significantly outweighs the risk, assuming proper risk management practices are in place. In conclusion, while technical analysis points towards a potential breakout and a profitable trade opportunity, it's essential to remember the inherent risks. Set a stop-loss at the support level (0.03414) to limit potential losses if the market moves against the trade. Always combine technical analysis with proper risk management to optimize trading outcomes.Longby S_CAPITALUpdated 1114
GALA - Ranging market giving LONG Trade opportunityBINANCE:GALAUSDT (12H CHART) Technical Analysis Update GALA is currently trading at $0.03845 and price has hit the support, price has been in the ranging market for more than a month. I'm expecting the price to bounce back from the support and hit the resistance zone. This will give a nice profit in a long trade. Entry level: $ 0.03846 Stop Loss Level: $ 0.03482 TakeProfit 1: $ 0.04046 TakeProfit 2: $ 0.04201 TakeProfit 3: $ 0.04470 TakeProfit 4: $ 0.04930 Max Leverage: 5x Position Size: 1% of capital Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCryptoLongby GreenCryptoTrades11
Approaching the support area at $0.3500The price of GALA is currently consolidating and approaching the support area at $0.3500. Expect some sideways movement before the next significant move. The resistance area is at $0.5000.by MonoCoinSignal9
Long signal for GALA/USDTThis technical analysis is based on the daily chart of BINANCE:GALAUSDT on the Binance exchange. This analysis draws two price channels and evaluates support and resistance levels. Price Channel Analysis: The previous bearish channel is broken out, and a bullish channel is formed. The suggested entry point is around 0.04303 USDT. Entry and Exit Points: Entry: 0.04303 USDT Take Profit: 0.06312 USDT (46.74%) Stop Loss: 0.03710 USDT (13.79%) R/R Ratio: 3.39 Conclusion: This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 3.39, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level. Longby QuantCTUpdated 10
#GALA/USDT breaks the Diagonal Trendline in Daily TF!#GALA/USDT breaks the Diagonal Trendline in Daily TF! INDEX:GALA is consolidating in a range. #GALAUSDT needs to clear the PMH $0.05 resistance level to gain bullish momentum. Wait for that resistance BO to long it. Longby TraderAAG5
GALA priceGala token is on the verge of a range breakout and might reflect a short term rally above the $0.0500 mark ahead. Longby TheCoinRepublic110