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GALAX 3x Long / Tether

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GALAXUSDT.3L trade ideas

GALA/USDT is at lowest pointHey, traders Let's start with GALA coin here again. Well one this we would like to mention is that this lowest zone ($0.024) has been holding for some time now so we see there might be some small correctional bullish movement but not for a long as well. Any thought here guys? Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long
by SwallowPremium
5
Gala Hits New All-Time Low | Time To Recover!As you can see from the chart below, GALAUSDT hit a new All-Time Low just days ago and is preparing to reverse the trend. 22-Nov-2022 Gala hit its lowest price since September 2021, when this pair was made first available for trading on this exchange. For those looking for trend-reversals, hitting new lows is always a great signal. How to know if this is really a low and a bullish wave will take place or if prices will continue lower? One way is to look at the RSI. If you notice early November, you can see new lows being hit but the RSI being weak. Right now GALAUSDT went even lower yet the RSI is now strong. Another way to know if a bullish wave will follow a new low set is by looking at how the other pairs/assets/altcoins are behaving. When you see pairs such as DOGE and LTC, ETH, REN, MATIC, FTM, etc. You have another signal that supports a change of trend. If all these other pairs were looking bearish, this low might not be the end. Since we have a strong RSI and many other altcoins already moving up, we can say that GALA too will recover... If not, we have a setup with very low risk and high potential rewards; which is what we are looking for anyway. Namaste.
Long
by AlanSantana
9
GALAUSDT$Gala is currently trading close to a major resistance (which doubles as the exchange listing price on Binance) in a descending triangle chart formation as shown with the HLs it has been making, I expect the price to bounce from this price range to the upside. According to the Fib Retracement Tool, a major bounce should take the price towards 0.786 Fib levels which correspond to the price at $0.04788, where whales can push the price further as shown in the chart. Take note: $Gala like other Alts, is trading in a direct relationship with #BTC, hence, a breakdown isn't ruled out as a result of BTC's downward movement.
Long
by Houstency
1
GALA - possible reboundHello guys, hope you are doing fine. Honestly I really think this is very possible rebound on GALA. The dump on GALA reminds me Cardano from 2018. Of course everybody is thinking that BTC will go down even more, but to be honest nobody knows where is the bottom. When we will count the weeks and halvings I truly must say we bottomed. All the fud is allready sold. Inflation, wars and so on is sold out. What else can come? The Theter crash? I hope not. I oppened long right now with x10 leverage on GALA. Its not a financial advice. Take care!
Long
by KoDPrey
2
GALA/USDT Sitting at the bottomHey, traders Let's start with GALA coin here this time. Well price is at the bottom here and touching the bottom Support and BB indicators lower line as well - which gives us two confirmations of bullish movement but there is not much of a movement or volume near bottom so hard to predict. Now all we need to do is wait for additional confirmation Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
by SwallowPremium
3
GALA is in the critical PositionAccording to the Chart Gala is in the bottom of the Triangle an it can goes in both direction. if the dynamic support line break out we can have a bearish move in Gala , and if the dynamic support line do his job and then break the dynamic resistance line we can have bullish move up to the ATH resistance level. we should wait and see what will happen in the near future. good luck, please like , comment and share to support us. Thank you
Long
by DarknessEmpire
3
Wait for confirmation first! ✨I think this is a very interesting moment for this coin as it approaches a very important resistance level. However, it's no clear yet if it could break through it or reverse altogether so here are 2 tips. If it breaks through, wait for the retest to enter and set target a little bit below resistance level as it could react fast to it and drop fast once it reaches. Another scenario could be it actually break the upper channel it's making and if it does wait for the breakout once you have it, wait for the re-test of this breakout and then enter the trade lower. Always wait for confirmation to be safe. Target for down is previous resistance turned into support.
by KinaStar