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
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!
GALA/USDT | Breaking out of Falling Wedge..!!
#GALA Bouncing Back Nicely Wedge Strong Buying Volume..
Seems like Gala is bottomed out & Bulls are Back in the Town..
In Case of Breakout Confirmations, Expecting +400% Bullish Wave in the Midterm So Keep it under the Radar..
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
GALA has registered a 30% growth in the last 24 hoursGALA has registered a 30% growth in the last 24 hours. The price is in a long-term bearish channel on the daily time frame, which has recently generated a strong positive reaction and a strong increase in demand by hitting the $0.01600 support area. This strong return has caused the price to reach the ceiling of the descending channel. According to the type of encounter, there is a possibility of breaking this dynamic resistance and leaving the descending channel. GALA cryptocurrency is in the ranges that were first traded at these prices.
You can consider a downward trend line on the RSI indicator in the daily time frame. This trend line is broken and pullback to the range of 29-30 on the RSI; we can expect a strong positive reaction. The break that happened in the $0.020 range was fake, and a return to this range could bring a positive reaction. Strong support is considered in the daily time frame between $0.018 and $0.020, which pullback and return to this area can bring a strong positive reaction.
Also, in this time frame, we see an upward spike phase formation. If we observe a reaction to the channel ceiling in the lower time frame, there is a possibility of forming a double ceiling pattern and correcting towards the specified support. The closest support to the current price is considered in the range of $0.0220-0.0226, which could bring a positive reaction. The main static resistance is in the range of $0.0245 to $0.0255, which has seen a negative reaction to this level twice.
Gala To Retest $0.02 Cents 4 Hourly Time FrameReally nice pump out of Gala on the 4 Hourly. Fully blown and overbought on all oscillators and we have formed a nice peak. Remember it's all about the peaks and the troughs. If you're shorting wait for those troughs to play out. This wave is starting to loose momentum on the 4 hourly. Looking for us to retest around 2 cents for support or come down at least 5% from these levels. I'm a long term bull on Gala and will be accumulating more below 2 cents. Short term bearish on the 4 hourly. Much peace, love, health, and wealth!
GALAUSD Weekly S/R| Price Action| POC| Impulse Evening Traders,
Today’s analysis – GALAUSD- trading at a key resistance zone where a rejection is probable,
Points to consider,
- Price action impulsive
- POC S/R Resistance
- Climatic Node
- Daily S/R Support
GALAUSD’s immediate price action is testing a resistance zone that is in confluence with the POC and a Weekly S/R, allowing for a bearish bias.
The current volume node is climatic; this is evident of temporary top if bull volume does not persist.
The immediate objective is the lower order block support, price has technical merit to retest the region.
Price action is to be used upon discretion/ management when executing this trade, invalidation is multiple candle closes above the POC.
Hope this analysis helps,
Thank you for following my work
And remember,
“It is always the best discretion to let the market show us where it is going and just simply follow (this would be prudent), rather than predict where the market is going and place a position (this would be gambling).” -Anne-Marie Baiynd’
Another Gala?absolute classic, fall from the top along with the rest of the market, any of these that are down 90% are in a good spot to DCA if you're in at the highs. IF you scooped this >$1 than buying at .01 is a good option to dca.
Short term rally in $GALA? $.037-$.048 target?A chance at 40%+-80%+ returns?
I know nothing about Gala, but the chart looks very bullish.
The chart looks like it's formed a large falling wedge which broke out and then formed an ascending triangle bottom. Upon a breakout of the triangle, I think $GALA rallies to at least $.037 but I think eventually it gets up to $.048.