Gala
GALA/USDT Analysis in Daily 👀Hi 🤚
As can be seen in the daily chart of the Gala cryptocurrency, the price was able to break the ceiling of its descending channel upwards and have a change in nature from a downward (long-term) trend to an upward trend. This movement of the upward spike that caused the roof of the channel to break; It has created a price imbalance (FVG).
FVG can absorb the price, which in terms of price, after a strong uptrend, a correction can look logical.
Also, the RSI indicator shows the number 77, which indicates the saturation of the price, and to reach the balance, the price must be below the number 70.
The price correction can be done up to the support level of $0.0.23 and then we can expect the price to grow up to the resistance area of 0.0650.
Arztoday Team ✨
🔥GALA AND THE ROCK: DO YOU GET FOMO ON +120% PUMP? 🔥Hi friends! GALA pumps on the news about the partnership with Dwayne Johnson (The Rock) and Mark Wahlberg.
Now the price reaches the first major resistance at $0.5-0.62. This is a huge value area and I expect the reverse from this area but after some signs of bear trend.
Now the most important indicator is the anomaly growth of the volume (the biggest for the last year).
📊 TRADING PLAN FOR GALA:
1. wait for the pullback and impulse above the local highs at $0.5
2. sl collection and false breakout of this key level
3. bearish BTC
🚩 Actually, the whales can also trap the retailers by breaking the local trendline up and will dump the price after that collection of the pending orders and sl.
✅ THE MAIN TARGETS FOR GALA:
🔥 $0.4 - the value area and even number
🔥 $0.3-0.31 - the key level
🔥 $0.24-0.27 - the value area and the biggest support
Traders, what do you think will be a trigger for this DUMP? Share your trading plans in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
GALA/USD 4h Chart #Gala - is currently retrace after experiencing a strong run of 35%.
This presents two key points of buying opportunity for investors to rebalance their portfolios .
The first point of buy is ideal for those who believe the trend will continue and the run will persist. However, if the asset droops at the first point, the second point of buy presents a great opportunity as it is the extreme point where the asset is expected to have a reaction.
Overall, this analysis is based on the perspective of an investor looking to make strategic buying decisions."
GALA Games - Critical zones$GALA Games - High time frame resistance block in red above being tested on this short squeeze.
Expecting a correction down to the gap in green to take more liquidity.
I think it's late to short now (unless given a nice B wave trigger) so this is a general bias towards some down side in the near-term towards green.
Would wait until then to hunt for longs again.
NEW #ALTS That can pump in 2023Some coins on my watchlist that could outperform.
one I forgot to mention #AXL Axelar
#DBI... one with the most upside potential
#ALEPH
#APT --- solid team and technologu , high marketcap and potential token dilution
#BOBA --- scould be very profitable multichain Layer 2
#DC --- highly confident
#ETHW --- similar to Eth classic will. pump at random times I believe
#GALA. --- Blue chip gaming coin
#OP. --- solid layer 2 play for ETH
#UFO. --- semi bluechip metaverse
#WOO --- trading for near protocol
#OPENAI -- pure gamble on chatgpt narrative
GALA USDT | Price prediction!Hello traders,
Although GALA lost the key support at $0.027, the price has started to consolidate above $0.0248.
There was a clear positive RSI divergence that retested the “30” zone on the RSI before going higher. This is a bullish sign, theoretically, and could result in an underside retest of this key S/R level.
If bulls can reclaim $0.027, looking for a sweep of those equal highs at $0.028 will be a good trade.
If bears was able to break this possible pear flag and closing daily under $0.0246, GALA should decline with 15% to 30%.
stay safe and trade safe thank you.
GALA continued its price increase after a shallow correctionIn the last 24 hours, GALA continued its price increase after a shallow correction. This modification did not reach the specified range due to the high power of the buyer. The strong upward movement and the continuation of the spike phase broke the ceiling of the descending channel. So, in the daily time frame, due to the formation of a higher ceiling than the last ceiling, we see the initial signs of a trend change. This strong bullish candle can also be seen in the weekly time frame. Therefore, we can expect a price correction according to the shape of the candles in the 4-hour timeframe.
The candle, which formed the highest level, hit the range of $0.040, and on the other hand, the close of the candle was in the middle of the range of the candle, which indicates that the possibility of sellers entering and creating a range trend has increased. So, in case of correction, we can consider two supports. The first support is in the range of 0.030 to 0.028 dollars, and the second is in the range of 0.025 dollars. If the price reaches these levels and we see signs of support, we can expect the price to grow. The medium-term target range of $0.062 to $0.070 can be a profit-saving area for medium-term buyers.
🔥THE WHALES SELL ALL CARDANO ON THIS PUMP🔥Hi friends! Take a look at the volume indicator. STUNNING volume growth! We haven't seen such volume growth since the last PUMP before the FTX crash. I think that the big short is highly possible.
📊 TRADING PLAN FOR ADA:
🔥 local pullback to the HUGE value area of $0.31-0.32 (here we can find scalping longs)
🔥 growth above the local highs of $0.345 and false breakout
🔥 huge sell orders on DOM and Footprints after the false breakout
If all of these preconditions will happen, you have an amazing chance to open a short with the target up to 27% of a clear move.
✅ THE MAIN TARGETS FOR ADA:
1. $0.29-0.3 - the liquidity gap
2. $0.265-0.27 - the value area
3. $0.25-0.255 - the value area
🚩 Traders, what is your plan for Cardano? Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥AN EXTREME TRADING PLAN FOR BITCOIN: $13k SOON?🔥Hi friends! I know, it looks so scary, especially for newbies, but the final capitulation may come soon. I will show you a similar pattern that happened on BTC recently.
✅ This pattern has 3 stages:
1. PUMP
2. ACCUMULATION (consolidation)
3. DUMP
The last time the price fall from $21,500 to $16,500. Now the price goes from the "accumulation" stage to the "DUMP".
📊 POSSIBLE TRADING PLAN FOR BTC
According to the previous pattern we can expect the next BTC moves:
1. false breakout of the key level at $17,300-17,500. Now we just wait for its appearance.
2. DOM and Footprint whales sell orders. These two indicators help me to track the big guys and open trades with them.
3. strong FUD will be a trigger for the dump. Media FUD around Binance would be the best precondition to help your short position reach its targets.
✅ THE MAIN TARGETS FOR BTC:
1. $14,500 - the key level
2. $12,000-13.000 - the strong value area
3. $10,000 - possible shakeout to take the sl
📊 WHAT COULD CANCEL THIS TRADING PLAN?
Bitcoin's consolidation is above the local high of $18,400. It should test this level as support. In this case, the growth with 90% probability will continue, if only a false breakout does not happen,
🚩 Traders, what moves do you expect from BTC in 1-2 weeks? Share it in the comments! I hope you already book part of the profits and start to sell your alts.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
GALA: Channel Down BreakoutTrade setup: Bullish breakout from Channel Down pattern and above $0.025 resistance, which confirms the channel breakout. Price is now up against another resistance (~$0.032) and is getting overbought (RSI > 75).
Pattern: Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend: Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $0.017. The nearest Resistance Zone is $0.025, which it broke, then $0.032, and $0.045.
GALA: at this point wait to shortOk, here the daily chart:
I think that until BTC stays in green various alts could do this dead cat bounces, in this case it's too late to jump on the longs but you could wait for shorts. Considering that a pin bar (shooting star in this case) already happened below the first level at which I'd attempt a short I'd set a sell order over that OB. Let's say around 0.0245 USDT.
It might go but also fail, I wouldn't risk too much though so set the SL accordingly. If price oges over 0.255 I'd wait for the second OB to short. I'm still not trading actively because of my dissertation, soon I'll finish it and I'll start again.
Good luck
GALA: Resistance & Divergence Hello guys!
GALA's resistance and divergence are showing bearish signs.
The price might get pushed back down after it reaches higher resistance levels.
It has also reached the solid 4H resistance level, which keeps this asset's situation fragile.
There are two support levels on the way down, and a dynamic support zone is strong enough to push the price back up.
Let me know what you think. I would love to hear your ideas.
Good luck!