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Gala

📉📈 GalaUSDT Price Analysis 🌐💹📅 Recent Movement: Gala's price reversed off the $0.02 - $0.022 support area, coinciding with the 0.618 Fibonacci level between the low in October last year and the recent high. 📊 Key Areas: Strong support expected in the $0.02 - $0.022 range. Price reached the next resistance at $0.026. 🔄 Anticipated Movement: Possibility of a retracement to test $0.02 - $0.022, offering a potential entry level. Expectation influenced by favorable ETF news and BTC holding support. 🎯 Profit and Resistance Levels: Potential profit-taking area (TP) at $0.035 - $0.038. If surpassed, Gala could aim for the next resistance at $0.042 - $0.045. ⚠️ Risk Management: Set a stop loss just below the $0.02 support level. #GalaAnalysis #CryptoTrading #MarketWatch
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by Richtv_official
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GALA/USDT bullish momentum from support?👀🚀GALA Today Analysis💎 Paradisers, turn your attention to #GALAUSDT, where current market signals are pointing towards a bullish potential from its support zone. 💎 #GALA recently encountered resistance at the $0.03515 level, leading to a downward trend. However, if it can sustain momentum above its crucial support level at $0.02253, there's a promising chance for an upward movement to tackle the next major resistance zone. 💎 Given the crypto market's ever-changing landscape, having a flexible and agile strategy is key. If #GALA faces challenges in maintaining its ground at this pivotal support level, considering an alternative approach may be necessary. 💎 In such circumstances, our Plan B would be activated, aiming for a bullish trajectory from a lower but strategic support level at $0.01986. Monitoring this level is critical, as its breach might signal a shift towards a bearish trend in the #GALA market story.
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by MyCryptoParadise
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GALA/USDT Could GALA continue the upward movement ???💎 GALA has been a focal point in the market, currently navigating a retesting phase. Notably, GALA has demonstrated a strong bounce from what was previously a key resistance level, now acting as support. This positive response indicates that if the retesting phase is indeed valid, GALA could potentially resume its upward trajectory, aiming for a significant resistance area. 💎 However, should GALA fail to maintain its rebound from the support level and instead break below the demand area, it could signal a shift in its market direction. The next critical level to watch would be the lower demand area. 💎 In this demand zone, a robust recovery is crucial for GALA. For a continuation of its upward journey, GALA needs to demonstrate a strong bounce and attempt to reclaim the resistance area. Failure to show a positive response in this zone and a further breakdown could indicate a shift back to a bearish trend for GALA. This development might lead to a descent towards a more substantial support area.
by MyCryptoParadise
1
GALA/USDT Bullish Prospects supply turned to demand? 👀 🚀💎 Paradisers, turn your attention to #GALAUSDT as it's currently carving an intriguing path in the market. Demonstrating a shift where supply zones have turned into demand, it is lining up for a highly probable bullish movement. 💎 A look back at #Gala recent trajectory shows a pattern of breaking out of a descending channel and initiating an upward trend. Adding to this, it is also tracing an ascending channel trajectory, reinforcing the likelihood of continued upward movement. With sustained momentum, INDEX:GALA is aiming to challenge a major supply zone at $0.04907. 💎 However, given the often volatile nature of the crypto market, #GALA traders should stay prepared for various possibilities. If it struggles to maintain its bullish momentum and falls below the current demand level of $0.02741, a shift in market dynamics may occur. In such a scenario, traders might need to focus on a bullish resurgence from a lower demand level of $0.02465. 💎 Importantly, a descent below this lower demand level could signal potential difficulties in sustaining the bullish trend, necessitating a strategic reassessment. 🌴💰
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by MyCryptoParadise_Simon
GALA/USDT Bullish momentum?👀 🚀GALA Today analysis💎Paradisers , GALAUSDT is currently showcasing an intriguing bullish pattern, trading within a demand zone, which signals a strong probability of an upward movement. 💎 Historically, GALA has demonstrated a pattern of breaking above its descending trendline, followed by a successful retest and an ensuing upward trajectory. Presently, as it operates within a demand zone, the likelihood of a bullish trend is quite pronounced. This is further reinforced by the transition of supply into demand, coupled with a sweep below liquidity levels. 💎 The initial target in this bullish scenario is to overcome the resistance level at .2881. Should GALAUSDT successfully breach this barrier, it's poised to challenge a more formidable resistance level. 💎 Conversely, if it struggles to sustain its upward momentum, a strategic bullish move from the .1692 demand level might be anticipated. However, a break below this level could lead to a significant bearish downturn.
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by MyCryptoParadise
HOT Future RoadmapHOTUSDT Weekly Chart- These are just my thoughts on areas of significance. I feel like we're still in an accumulation zone. If bullish sentiment continues, I think we exit this area soon. Maybe dips on New Weekly candle (Monday), will provide acc area for next leg up, if/when momentum continues. Key areas of resistance: (Areas to take profit, areas that will provide potential pullbacks for safer entries) Market is in GREED mode right now so best to be waiting and watching for opportunities to present themselves. My goal is to share my knowledge to help regular folks like myself trade safer, and transition into the 10% of Market winners. Thanks for your time! Please like and follow me here for more crypto analysis. **Not financial advice, just my 2 cents.
by Cosmicbag
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.
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by Madoir
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🌟🔍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! 📈🔎
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by tradecitypro
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