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Gala

GALA/USDT It required break the resistance or rejected down ??💎 GALA has become a notable focus in the market, though it's facing challenges in surpassing the resistance area. Historical patterns show that each time GALA approaches this resistance, it faces significant rejections. 💎 If GALA manages to break through this resistance, there's a high probability of a substantial upward movement, aiming for our next targeted milestone. 💎 However, if GALA fails to breach this resistance and instead consolidates at the supply level, there's a risk of it facing another rejection and retreating towards the bullish support trendline. This trendline is pivotal; a loss here could send GALA down to the demand area. 💎 In the demand area, it's crucial for GALA to demonstrate a strong bounce back and attempt another breakout of the resistance. A lack of positive response in this zone could lead GALA to break down further, potentially descending towards a key support area.
by MyCryptoParadise
GALA/USDT In the crucial area. Break the resistance or rejected!💎 GALA has undeniably captured significant attention in the market. Currently, facing resistance poses the necessity of breaking out to sustain the upward movement. If GALA successfully breaks out of the resistance, there's the probability for significant upward movement, reaching our target area. 💎 However, if GALA fails to break the resistance in the near future, there is a possibility that GALA will retreat and retest the demand area. 💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, GALA fails to maintain its position and undergoes a breakdown. In such a case, GALA may revert to a bearish movement, potentially retracing to the strong demand area.
by MyCryptoParadise_Nathan
5
GALAUSDT UpdateIn my previous post about BINANCE:GALAUSDT , I predicted a 30% pump. I have attached that post here. However, you can see that the price has reacted to the resistance and has not yet been able to break through it. However, GALA is still bullish for me, and there are two scenarios that could happen in this situation. This currency is waiting for the next move of BINANCE:BTCUSDT and will start its next move with Bitcoin, which can be bullish or bearish. Or, the next upward move will begin from the points I marked on the chart. Please note that there have not been such upward movements in the crypto market for several years, and many people think this is the end of the bullish market. However, anything is possible in a volatile market.
Long
by Madoir
2
🌟🔍GALA's Remarkable Recovery 🚀💡 💹 GALA's Impressive Price Increase: Since the 98% drop from 2021, GALA has remarkably rebounded, gaining nearly 120% from its support at $0.01271. 🤝 Team Issues and Strong Comeback: After some internal issues among the GALA team, including disagreements between the CEO and founders/co-founders, the coin has made a notable comeback. 🔒 Current Resistance Challenge: GALA is currently facing a significant resistance at $0.02816. 📊 Rising Wedge in Daily Timeframe: The coin is in a rising wedge pattern, which is typically risky for continuation. If this pattern breaks down, there's a potential for a 33% drop to $0.01742, though this scenario seems less likely. 👀 Watching Bitcoin's Move: The next steps depend on Bitcoin’s reaction to its support at $36,358. A break below this level could lead to a decline to $32,800. 📉 Potential Impact on GALA: If Bitcoin loses its support, GALA may break its wedge pattern and experience a sharp decline. 🚀 Bullish Scenario for GALA: If Bitcoin holds its support and moves towards its high, and simultaneously Bitcoin dominance fluctuates or drops, GALA could be one of the best coins to buy. 🛒 Buying Strategy: Consider buying GALA after it breaks the $0.02816 resistance, especially for long-term holdings. Don't use a tight stop loss for long-term trades. For a safer entry, consider entering after it surpasses $0.03135. 👁️ Volume Importance: Pay attention to the volume to confirm the trend. 🔑 Related Categories: Pattern Analysis Resistance and Support Volume Analysis 📣 What’s your take on GALA's future? Share your insights! 🌐💬 #GALAToken #CryptoInsights #TradeCityPro 📚 Remember: Cryptocurrency markets are volatile. Always conduct thorough research before investing! 📈🔎
Long
by tradecitypro
21
MTRM pullback with market drop possibleConditions: Materium has been hyped for sometime now. Its been up despite Gala's seeming like a stable coin. I believe the total market may find another collapse. I could be wrong, however Im selling all my MTRM bags in hopes to grab a much larger dose 20% - 50% down below. (Around .11 cents usd) Gamefi: could save the day but i tend to see the game world follow BTC. Mirandus is an awesome game that may do exceptionally well but the total market is king for now. Final words: Ive made great gains off this token and plan to do so in the future as well. Take a look at the history of Towncoin, Gala, now Silk to get a bigger picture. ....and follow this guys chart to see the grand picture -
MShort
by Altisona
1
GALAUSD 0.01700 Target hit. What's next?Gala (GALAUSD) hit the 0.01700 bullish break-out target we gave almost 2 weeks ago on the RSI Bullish Divergence: Since the price broke also above the 1D MA100 for the first time since April 20 but mainly the Channel Down pattern, we shift to the larger 1W time-frame in order to identify the long-term trend. As the 1W MACD just formed a Bullish Cross, while the candle broke above the Bear Cycle's Lower Highs trend-line, this break-out is a clear long-term buy signal towards the next level of Resistance, the 1W MA50 (blue trend-line). Our first target is 0.02900 and when the price closes a 1W candle above the 0.236 Fibonacci level, we will re-buy and target (2) 0.06200 (0.382 Fib). As the crypto officially entered its new Bull Cycle, the Fibonacci retracement levels will start assuming the roles of Resistances on the way up. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:GALAUSDLong
by TradingShot
2
GALA/USDT Break Descending channel, Bullish Momentum for Gala ??💎 GALA has certainly grabbed our attention. Alert on the horizon! GALA has successfully broken through the descending channel pattern, marked by a robust bullish candle, signaling a positive momentum for GALA. 💎 Additionally, GALA has managed to surpass a historically strong resistance level that had previously thwarted its advances multiple times. Now, having broken through both the descending channel and this resistance, GALA is in a retesting phase, gearing up for a potential climb towards the proximate supply zone at $0.01445. 💎 Should GALA manage to breach the $0.01445 supply zone, it could smoothly sail towards the more formidable supply area. However, if it faces rejection at this supply zone, it might descend to retest the previously broken resistance, which could now act as a support, gathering momentum for another upward push. 💎 On the flip side, if GALA exhibits a false breakout, meaning it fails to maintain its position and closes below the recently breached resistance, it could be indicative of a downward trajectory towards a critical support level.
by MyCryptoParadise_Nathan
4
GALAUSD Short-term buy signal on a Bullish DivergenceGala (GALAUSD) is trading within a Channel Down pattern since early January and recently got rejected on the 1D MA50 (blue trend-line). Despite the declining trend, the 1D RSI is on Higher Lows, i.e. a strong Bullish Divergence. The Lower Highs trend-line has been broken, and the previous two times it did so within the Channel Down after a bearish leg, a counter-rebound took place. As a result we consider this a buy signal towards the top of the Channel Down. We don't wish to exceed the 1D MA100 (green trend-line), thus our target will be contained at 0.0170. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:GALAUSDLong
by TradingShot
1
GALA /USDT bulish ride? 👀 🚀 GALA Today Analysis💎Paradisers,GALAUSDT! After a recent rebuff from the supply zone, it's reigniting its bullish spark, setting the stage for a captivating shift. 💎In the past, GALA navigated within a descending channel for an extended period. However, it broke free, embarking on a bullish trajectory, only to face resistance at the 0.01653 supply mark. Now, with renewed bullish energy, we're hopeful it'll challenge that supply level once more. 💎 Additionally, there's a formation of a bullish flag pattern. A break above this pattern could propel GALA to significant heights. On the flip side, if it dips below the 0.01490 demand level, be prepared for a notable downward shift. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
Long
by MyCryptoParadise