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Gala

📈Gala #GALA $GALA (Jul-19)After breaking out of the downtrend formed from the end of May until now, the buying force is being pushed strongly into GALA. In the near term we can expect a strong rally to the $0.09 area, which is a very strong resistance area that GALA will have a hard time breaking through. But if it approaches the $0.09 zone then it has proven to be very potential in the future and will rise sharply to the $0.13 zone. We can accumulate GALA in the range of $0.05-0.055 and need to be cautious if it loses the $0.05 zone as it will need more time to start the next uptrend.
Long
by CryptoStation
BE CAREFUL IF YOU ARE HOLDING GALA.Hey guys, here's a quick update on GALA/USD. Please note that I am not sharing any trade setup on GALA. This update is based on T.A and chart patterns. Timeframe: 6 hours. Update: GALA is under a head & shoulder pattern which is technically a bearish pattern. It has already broken down below the support level and is currently in the retest zone. There is two main resistance holding GALA to break through- 1) 21 MA Resistance presently at $0.04941. 2) $0.05245 Resistance trendline. With the recent rally in BTC, there weren't a lot of changes in GALA's price. Invalidation Point: The only invalidation level for GALA is $0.05245 resistance (previously support). If GALA break through this then the trend will get reverse and GALA will rally high. Conclusion: If you are holding long on GAL then keep your SL tight and if you are short on GALA then keep an eye on the mentioned resistance level. Trade safely, guys. If this idea makes sense then do like, comment, and follow. That's how we support each other. Thank you.
Short
by Dexter_The_Trader
Is GALA preparing for takeoff?over the last week we've seen BTC ETH, and most Alts rally above previous lows and break previous swing highs, However GALA remains dormant. -GALA took support and saw immense buying pressure after returning to one of it's fist swing lows levels from September of 2021 after it's initial pump. -However, on the HTF it has made a break through previous resistance and is now holding support around .0575 -If GALA can continue to show strength near these lows, we have the potential to see a similar result as we've seen from BTC & ETH over the past few days. I'm bullish as long as we can hold this support line, around .0575
Long
by MarketMoversLLC
GALAUSDT Breakout of the wedge can bring your deposit 16%Hello everyone I have prepared a new signal for you, every day 10 profitable tasks for the Russian and English audience, I think it will not be difficult to send a like and comment on the idea, your feedback is very important to me Let's move on to new ideas for GALA On the falling wedge formation chart, the price is approaching the test of the upper border of the pattern, we expect a limited break to the true resistance, the trade is 16% It is also recommended to pay attention to Bitcoin, if this is a passenger quick squeeze, we advise you to set a take on the car.
Long
by DanilBlinkov
1
Gala - Bears are at danger!Reasons to take long: ⭐️ BTC bullish ⭐️ Trendline is 38 days old ⭐️ Trendline is clean ⭐️ In the end of local formation ⭐️ Slowly squeezing to the trendline ⭐️ Stoplosses hidden behind pinbar ⭐️ 4th touch ⭐️ 50 ATR ⭐️ Over VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Long
by Artem_Dishel
3
🚀SOL looks strong. Check out this scenarioSolana looks strong and grow higher than 99% of alts. Despite the problem with it`s blockchain SOL already grow by 67% to local highs and by 27% to the current price. 📊A lot of buyers appear at the bottom of SOL. It confirms us that the newbees sell HUGE amount of their altcoins to WHALES. If the whales are ready to buy SOL, we need to be ready for growth. We talk for 1 lesson about how to avoid this common traders mistakes in mini course for cryptotraders✅ Enjoy! Now the price of the alt is consolidating in the triangle making HL and LH. It`s probably the best pattern on crypo market for traders who trade false breakouts. False breakout of the triangle is what we have to wait now. 📊Preconditions to open a long: 🔥false breakout or local manipulations with liquidity collection 🔥volume growth after the false breakout at the local lows 🔥squeeze to the trendline 🔥BTC bull sentiment The targets: 1️⃣$38-40 - the closest value area 2️⃣$50-53 - the value area. Possibility to reach this area is not so high in short-term, if BTC will not shows it`s strength. 🚩About when BTC will start it`s growth here. 💻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.
by Yuriy_Bishko
2
📊GALA is going to break the trandline! Here is entry point.The big player continue to accumulate GALA and hold it. Such amount of volume at the bottom confirm✅ for us that buyers are continue to buy GALA. Additionally, after the breakout of the $0.49 local low and key level the volume grow. It`s also mean that the whales collect liquidity for their long positions. A lot of traders place the sl below the KEY level and all of them were trigerred. This is good for us traders who are patiently waiting for the best entry point and let us opportunity to make good %%%. 📊You have to see this preconditions to open a long: 🔥squeeze to the trendline 🔥local manipulation with sl hunting and liquidity collections. The volume should grow. It shows us the pressence of buyer 🔥BTC bullish sentiment which push the altcoins up 🚩The targets: $0.59 - key level (+25%) $0.7 - key level (+50%) $0.79-0.85 - value area (+63%) 💻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.
by Yuriy_Bishko
3
GALA/USDT : Right above the last local support BINANCE:GALAUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $GALA has formed a local bottom at $0.05 and the local low is at $0.049. The current structure has some similarities to our recent $ADA's chart on 12H TF which has given us more than %50 profit. Now if we compare the movements, We can see that If $GAL breaks below $0.049 with a hold, Then you can locate your Short towards $0.03. 📚 Most of our current calls have higher than 2.5R and it's good to trade, But all you need to know is, That as we're trailing stop-losses to entry after 0.5R profit, Then you need to focus on your accuracy; You need at least 52% accuracy and the golden accuracy for our strategy is to hold it above %60! Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
13
$GALA #gala breaking out!GALA is currently breaking out of the accumulation range between $0.056 and $0.051 which was consolidated in the whole past week I'm currently waiting for a confirmation of the breakout, thus if we get a succesful retest of the 0.056 with a good bullish momentum candle we can set a long order targeting at least the 0.5 fibonacci level @ 0.061 for something around a 5%, setting our stop loss below the highlighted support level let me know if you found this idea helpful and if you are going to enter the trade! also dont forget to follow me, leave a like, and if you want to request a technical analysis, just comment the ticker of the cryptocurrency you want me to analyse down here!
Long
by opop777
1
GALAUSD Double Bottom and RSI Bullish Divergence.Gala (GALAUSD) has been trading within a Channel Down since the November 26 2021 High. The 1D MA50 (blue trend-line) has started to turn sideways but is still untouched since April 06. The 0.050 Support is holding on a potential Double Bottom formation but the strongest bullish sign comes from the 1D RSI which has been on Higher Lows while the price action has been on Lower Lows indicating a Bullish Divergence. As a result, a break above the 1D MA50 may be closing in and would be a bullish break-out signal all the way to the top of the Channel. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:GALAUSDLong
by TradingShot
5
📊GMT: are the runners return? 2 targets for long!Hi friends! GMT is looking bullish, isn`t it? STEPN follow my previous bullish scenario! Now we see the continuation of this movements! 🚩Check it! The price make a deep pullbach and trapped long traders which open longs at new local highs. It`s the first precondition for the next growth. Additionally, GMT returns fast to the huge value area which was strong resistance and start squeeze below it. It`s additional bullish signal of bull strength. Remember about short traders who awere goin to short GMT to 0. They are all trapped now and can become the fuel for next pumps. Also i can add 2 targets: 🔶 $1.10 - key level 🔶 $1.34-1.44 - value area All this growth possible because of the BTC growth and it`s correlation with SnP500 whick is also have local recovery after dump. 💻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.
by Yuriy_Bishko
🚀XRP: is the pump soon? HERE IS WHY!Hi friends! 📈Last time RIPPLE fall by -30% and it was expected scenario! Check the idea below to understand why it`s happen and open the same trades in future by yourself! Now we see how the price test the support area of $ 0.31-0.33 several times and buyers accumulate their positions on Ripple. The volume shows us the pressence of buyers and it`s good for continuation of growth. Before the breakout it will be good to see additional volume growth to confirm our thoughts. Now XRP is squeezing to the trendline and going to break it. If SnP500 and BTC make the pumo today all alts will follow it. Ripple is one of underrated so have biigest chance to show good growth to us. The targets are the closest value area: 🔸 $0.36-0.37 🔸 $0.38-0.41 💻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.
by Yuriy_Bishko
1
📊BNB: will the bearish wedge become bullish? Hi friends! Binance Coin looks strong. Now it`s consolidate in rising wedge which is clasical bearish pattern. But in crypto it`s little bit different. In this idea i explain preconditions and targets for next BNB movements. All the crypto follow BTC and it`s looking stronger then monthes before. Also SnP 500 start to grow that help the crypto market also to stabilize after the fall. I think in a few days price will make some false breakout of it`s highs and fall down to support area of $213-227 or little bit lower to collect the liquidity. And here is the main thing! A lot of traders starts to open a short on a rising wedge breakout. As i mention before the rising wedge are not only bearish pattern in crypto and it`s depend on situation. Now the price of this alts fall for 80-85% and take a short here a little bit dangerous and it can make only professionals with clear local targets. Big part of the retail short traders become the fuel for growth because the price won`t go lower but return to the wedge again and will rise to our targets. Check this idea to understand how to trade the wedges in crypto! The targets are the closest value areas: 🔥 $255-260 🔥 $269-273 🔥 $295-308 🚩Always pay attention to volume. Only this indicator will help to identify the reversal points! 💻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.
by Yuriy_Bishko