Gala
📊Do you forget about GALA? 2 targest inside!Hi friends! A lot of traders forget about GALA, but the most of them will return when the price starts the pump or be close to ATH. We should open a trade the trade before large movements and when it have the best rr ratio.
GALA is already reach the 1st target and make +25% profit. Check this idea to get more experience in trading.
📊 Preconditions to open a long:
🔥 fall to the local lows. Here the whales can collect enough liquidity to buy because a lot of stop losses of retail traders are placed here. When the price reach this area, their longs will be closed and whales accumulate enough liquidity.
🔥 volume growth confirms it
🔥 squeeze to the trendline
🔥 bullish BTC sentiment which push the altcoins up
Dom and Footprint indicators helps us to find the best entry point on this pullback before the PUMP happen. They help to identify the whales orders and open trade with the besr rr.
🚩The targets:
$0.7 - key level
$0.79-0.85 - value area
💻Friends, press the "like"👍 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 joining the party Gala with a nice rally and pushing up to 7 cents.
A minor s/r flip with resistance right above from the low made in May, at $0.065 ish which I expect to continue to act as stronger support with choppy-ness below until I see a decisive break above it.
The bullish case is that support being built as this progresses up and gets further away from our major low made in July, but these support levels will be tested again IMO.
I like GALA long-term too, but for now I will be with-holding any DCA-ing capital as I think we'll get better opportunities (not bearish), just waiting for a correction after this rally even if we go way higher.
In the meantime, could easily play a short position at resistance or wait for a break above and retest to go long - shorter term.
Goodnight Folks!
V
ADA create the huge BASE🚀 Is the pump soon?The base is the accumulation area which can be the bottom part of the Cup and Handle pattern (long pattern).
✅ Why base is important for the long traders? Because there is a lot of whales have enough liquidity to accumulate their position. The big volume bars at the bottom are also confirmed that whales buy ADA at the "dip"!
🚩 After the breakout of the accumulation area we can see the huge impulse of the price so it`s umportant for traders to find the best entry point before this breakout and get more profit.
📊 Preconditions to open a long:
🔥 the breakout of the bullish wedge or test the support area of $0.46-0.51.
🔥 bullish BTC help reach the targets for ADA much faster
🚩 Cardano has the more chance to make the impulse because the most of alts already make +50-100% and ADA is still at the bottom.
📊 The targets are the value area:
1️⃣ $0.61-0.64
2️⃣ $0.77-0.8
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
GALAUSDT |Coin Review| Light 10%Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 GALA dubum here on the chart just showed everything, the price is running out of countertrend and a breakdown will happen soon, I placed an order in long 0.0686$ for a breakdown. I expect that the price will come to local resistance (take price $0.06488
Write your comments what do you think about it👇
Gala Moving Sideways Will Explode Next CycleThe first crypto gaming and metaverse wave has left us and we're in the midst of bear market in cryptoland. Strong projects that survive this bear market will likely thrive in the next bull market. One of those projects I believe will thrive in the next metaverse gaming wave will be Gala games. Why? Simply because a lot of developers and innovators continue to create games and experiment on Gala. It is becoming a hub of metaverse, play 2 earn, and crypto gaming innovation. Gala games is well positioned to ride the next metaverse and crypto gaming wave in the not so distant future.
Currently down 93% from it's all time high of $0.85 cents Gala is starting to look like it's moving sideways and being accumulated around the $0.05 cent range. We've been in this horizontal channel since June 13th ranging from $0.045 cents to $0.068 cents. We can always go lower due to the market conditions since we're not out of the cycle and still may have a ways to go before we find a true bottom. All I'm saying family is to keep an eye on Gala. Much peace, love wealth, and health!
False breakout✅ on SOL! Where to open a long?This pullback is additionall possibillity for traders to open the new longs on the alts. Follow this scenario with the false breakout to not miss the next trade on SOL. Let`s get into details!
Solana reach my first target and almost touch $50 (the second target). SOL would have easily reached all the targets If BTC didn't do a pullback and dump all the alts. Check this idea to understand the preconditions!
📊Preconditions to open a long:
🔥false breakout of the trendlines or the possible test the $34-35 value area as a support
🔥volume growth. You can compare this stuation to previous false breakout when the price make a trap of the long traders and pump for 46% after this. Bow we have to expect the same
🔥bullish BTC help reach the targets for SOL
The targets are the closest value areas:
1️⃣ $41-42
2️⃣ $51-55
💻Friends, press the "like"👍 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.
How to avoid✅the BULL trap and make a profit on GMT❓GMT is exit🔻the massive value area of $0.9-1.09 which was the support for the price. Now this value area become a resistance and GMT need to accumulate enough power✅to break it and grow higher.
GMT need to make a pullback to trap the long traders (bulls) and collect all the liquidity of retailers.
📊Preconditions to open a long:
🔥the false breakout of the key level $0.8035. The price start to pump if whales collect enough liquidity to open their longs. Additionally, there is the $0.8-0,82 value area which will be support for the price. So the rebounce is highly possible.
🔥the volume growth - confirmation ✅ of the whales` huge purchases
🔥bullish BTC help reach the targets for GMT
🚩After the false breakout the price start to squeeze to the trendline so it will be the good chance to open a trade with clear sl and tp.
The targets:
1️⃣ $1.165 - key level
2️⃣ $1.35-1.426 - value area
💻Friends, press the "like"👍 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.
I doubt about sign of bullishOn daily chart
BINANCE:GALAUSDT touched at this level 0.0442 twice and bounce back. This signal can make a double bottom to create an optimistic but I doubt about this sign.
Price action just above middle line of channel and closest candle which has lowest price of the day. Both of signs aren't good for a bullish.
Besides, GALA has a next support at 0.02533.
Let's wait and see
GALA broke out#GALA/USDT
$GALA broke out descending resistance and long term descending resistance, and price is above support zone.
🐻 price may continue pullback to support zone around $0.039 then start a new rally.
🐮 or it is possible to rise from here as long as price stay above $0.45, also RSI hold above HMA which is a bullish sign.
GALUSDT - growth by 14%triangle retest, after that growth on volumes, I think this is a good signal to buy
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