GALA Games - All Time High sooner than we think by CryptoVatsikHi everyone,
GALA games will hit an ATH sooner than we think, imho.
As the bullrun heats up, altcoins will fly faster than we can responsibly manage. With that said, in my opinion GALA has not yet reached its expansion zone, yet.
GALA has recently flipped the green baseline area, which is bullish. I'd expect a reasonable, healthy, and logical correction toward green in the coming weeks.
We are currently trading in active HTF resistance (red) and I don't expect it will be easily flipped, perhaps I am wrong! We should at least get some consolidation over the coming week(s) imo.
Either way, once that resistance is flipped, I believe we will see significant expansion to 0.20c and above.
This is a long setup, yes, however with expected short term downside, so please do not immediately long GALA based on this post and analyze carefully.
Cheers!
Vatsik
Gala
GALA price sets the pace and direction for the "gaming industry"GALA is the "hardest" gaming coin that has now woken up and is showing growth. "The heaviest" because its capitalization is now $2.75 billion and if you look at the GALAUSDT price chart "globally", these are still lows.
Or perhaps it is a signal from "MM" that it has enough capital to back such "difficult" projects and imagine what can happen to the price of gaming projects with a capitalization 10-20 times lower?)
What do you think about this? Write in the comments.
ATH - GALA is still very far away, and the capitalization of the project there can reach $30 billion, which is already a considerable amount.
So for now, let's look at more mundane targets for GALAUSDT.
Right now, buyers have stopped at the level where the last portion of the shorts' stops is probably hidden - $0.09.
Breaking these stops could easily push the GALAUSD price to at least $0.10-0.115.
And then, either hyper-acceleration to $0.24-0.25 or the start of a correction. And frankly, the second option is more to my liking.)
#GALAUSDT LONG#GALA
The price has been moving in a downward channel since June 2023
This descending channel was broken upward
It is expected that the price will continue to rise with the support of Moving Average 100
The current price is 0.02625
The first target is 0.02830
The second target is 0.4770
The third goal is 0.06279
Beautiful Crazy Gala :DHi everyone
Gala needs to stop at this level only if it don't want to lose more of its value (30-60%).
look at this trend line from the top which is 45 angle which can work as a support related to Gann's theory.
Also , It is now on very important trend line ,which I think it is the first good buy area.
But u should take in consideration that Gala can break down this trend line and going to the lower buy areas (Green levels) depending on BTC's Moves.
So, if I have 1000$ , I will buy 33% here and the rest on those green levels if we reached them.
Good luck.
Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions.
Good luck.
📈GAL Weekly Analysis: Bullish Breakout Opportunities🛸👨🚀🔍In the weekly timeframe, GAL has broken its trend line and completed its first bullish leg, reacting to resistance at 3.904.
🕯The weekly candlestick is deemed reliable, indicating an influx of buyers into this coin.
⚡️Indicators such as SMA7 and SMA25 have crossed after breaking their respective trends, confirming the upward momentum. Currently, SMA7 is providing strong support for the price, with the last candlestick also offering significant price support.
🛒The optimal time for buying is during this candle, with the initial target set at 10.181, representing a potential 140% increase.
💥However, it's worth noting that the RSI has been in overbought territory for a prolonged period, suggesting a potential correction may be on the horizon.
📊The trading volume of the coin has remained relatively stable since its launch, providing limited insight.
📚Regarding the project itself, further research on Galexe can be conducted. Galexe serves as a community platform for various projects, offering infrastructure for new ventures.
🎈By incorporating this information, traders can make informed decisions regarding GAL investments.
🧠💼Just remember, jumping into trades too quickly before the main trigger can be risky. Always manage your money wisely and be aware of the risks involved.
Gala ideaBINANCE:GALAUSDT
Absolutely, buying GALAUSDT above $0.074 could be a strategy, placing your order slightly above the maximum price in the last 6-hour candles. This aims to capitalize on a potential breakout if the price surpasses resistance.
Here are some things to keep in mind:
Market Volatility: Cryptocurrency markets can be very volatile, so there's always a chance the price could drop instead of rising. Setting stop-loss orders can help mitigate potential losses.
Technical Indicators: While the past price behavior can be informative, it's not a guarantee of future results. Consider using other technical indicators alongside price action to strengthen your trading strategy.
Market Trends: Understanding the overall trend can be helpful. If the general trend is bullish, a breakout above resistance is more likely.
Remember, this is not financial advice, and it's always recommended to do your own research before making any trades.
pros is gaining accelerationOnce again this year, pros has done a good job, but its growth is probably just beginning. During the market pullback, the zone that remained without a retest was successfully tested, against the background of the news about the addition of a token to the margin in January, which created a very good entry point for the continuation of the medium-term trend. As I indicated, the key target was the 0.75 level, which technically opens the way for the expansion of the price range up to 1.5. The level was successfully broken through and from the retest of the nearest support, it again topped up the position for the continuation of the trend. Now the goal is a wave for the 1.0 test with a likely breakdown in the absence of a major pullback on the tops. With a successful breakdown of 1.0, the ultimate goal is the 1.25-1.5 test, from where a major pullback can be expected. A positive scenario is the re-taking of 0.7 and the formed trend line until the middle of the month. In this case, a 1.0 test is likely this month with continued growth in April. In the case of a general pullback in the market, the dynamics may turn out to be smoother with a repeated rebound from 0.75 or the trend line. With such a picture, taking 0.75 and continuing growth is likely from the third wave and the formation of a triangle. Regardless of the growth rate, pros still retains a high growth potential of up to 100%+ and remains one of the main coins in my work.
#GALA/USDT#GALA
The price is moving in a descending channel on a 4-hour frame
Supported by the breakout of the Moving Average 100 and bullish momentum
It is expected that this descending channel will be broken upward
Current price 0.02771
First target 0.02910
Second goal 0.03151
Third target 0.03350
The fourth target is 0.03549
Alikze »» MANA | Upward motivational waveIn time 2W, due to the complex corrective structure, it has completed in a corner pattern, which after exiting the density is now in its upward motivational wave. According to the previous analysis, which touched the target, it will have the ability to reach the next supply range after breaking the current range. But in higher time, he will have the ability to reach the next zone, according to the type of movement behavior, it is expected that he will touch the next supply zone in the first step.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
GALA: sel in orderblock📊Analysis by AhmadArz:
🔍Entry: 0.0459
🛑Stop Loss: 0.0479
🎯Take Profit: 0.0437-0.0419-0.0402-0.0384
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
🎮 GALA Gaming Narrative Trade Setup! 🚀🎮📊 Analysis:
Gaming Narrative: The gaming narrative is gaining momentum, potentially impacting GALA.
Testing Support: GALA is currently testing support, offering an entry opportunity.
Buy Zone: Enter a spot trade in the support area between $0.04275 and $0.045.
Take Profit Strategy: Consider taking profits at the next resistance zones, either $0.0485 - $0.0525 or $0.058 - $0.063.
Stop Loss: Set a stop loss just below the $0.04 level for risk management.
🌐 Note: Monitor the broader gaming and crypto market trends for additional context.
GALA/USDT Keep an eye backtest on the demand, Could GALA Bounce?💎 GALA has recently displayed noteworthy market dynamics, experiencing rejection and potentially retracing back to test the demand area around $0.038.
💎 If this retracement holds, there's a probability that GALA will bounce from the demand area and resume its upward movement toward our target zone.
💎 However, should GALA fail to find support at the demand area and instead break below it, the next significant level to watch for is the support area.
💎 GALA needs to bounce from the support area and reclaim territory above the previous supply levels if it intends to maintain its upward trajectory.
💎 Failure to do so could confirm a reversal back to a bearish trend, potentially leading to further downward movement in price.
Alikze »» ARK | Multiple zigzag completionIn the daily time, according to the correction of the multiple zigzag, now with the breakdown of the descending channel and the higher floor and the confirmation of the higher floor, any pullback to the ceiling of the broken channel will have the ability to grow up to the specified areas. In case of inability and loss of the 0.78 area, it can touch the liquidity area again.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
GALA/USDT Could GALA bounce from here and Break the resistance ?💎 GALA has recently witnessed noteworthy developments in the market. Currently positioned in the demand zone, a positive indication would be a daily close candle with a bullish rejection, signifying the potential for a price rebound and sustained momentum.
💎 The subsequent target lies in the resistance area, and for GALA to sustain its upward trajectory, breaking out of this level is crucial, probability facilitating an easy path towards our targeted strong resistance area.
💎 However, if GALA fails to exhibit a bullish candle rejection, there's a likelihood of retracement to the demand zone. It becomes imperative for GALA to maintain this area, as a breach would prompt a shift back to a bearish sentiment, leading GALA into a downward movement towards the robust support area.
GALA/USDT Bracing for a Bullish Reversal from Key Support?💎 Paradisers, prepare for an exciting turn in #GALAUSDT, as it's on the brink of a bullish leap from a pivotal support area.
💎 Diving into #GALA's recent actions, we're seeing signs of a potential bullish shift right after facing a hurdle at $0.03669. Now, with #GALA hovering around the strong support level of $0.02081, holding firm here could trigger an energetic bullish wave.
💎 Eager to seize every opportunity? If #GALA dips below $0.02081, we're looking to bounce back from an even lower support at $0.01690. Dropping further could lead us to rethink our bullish expectations.
GALA/USDT It required GALA break out this area or continue down!💎 GALA's recent market trends have been particularly dynamic. Presently, GALA is exhibiting a rebound from the demand zone, navigating its way back toward a key resistance level that it previously breached.
💎 For GALA to sustain its upward momentum, it is critical for it to break through this resistance barrier. Achieving this breakout could see GALA advancing toward the projected strong resistance area, signifying a bullish progression.
💎 Conversely, if GALA struggles to overcome this resistance level or fails to reclaim its position above it, the likelihood of it reverting to the demand zone increases. In this scenario, GALA may need to gather additional momentum for another attempt at an upward trajectory.
💎 The demand zone's significance cannot be overstated in this context. Should GALA fail to hold its ground in this zone, or if it breaks below it, a bearish shift in the market trend may be triggered. Under these circumstances, GALA's path could lead to a further descent, targeting the next critical support area.