GALA/USD - Be careful, bearish price action. Correction inbound!GALA pumped hard and now it is time to take a pause and correct.
The indicators are curving down and not looking pretty. Best to wait now and let GALA find new support. A good candidate for that is at $0.36.
If market remains bullish, GALA may correct to only $0.5 or thereabouts as shows on the Fib extensions.
In any event, if MACD does a bearish cross on daily, then best to stay away for a while.
Bias is bearish on this formation right now.
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GALABTC
GALAUSDT , Parabolic wave againHello guys
According to our last analysis we shown on chart that the price is making parabolic movement and we expect after break parabolic support we have drop price to our support zone area but the moementum is heavier than we expect and because of the condition of metaverse and game in traders mind the price is going up
According to the point that we shown , that candle stophunter and liquid long position , and because of that this means that the power of the bullish is becoming weak and the bearish take power and we expect that after break support parabolic break , the price can drop to the support area
Previous analysis :
Dont forget use stop loss and take signal at first then take in position
Good Luck
Abtin
Gala Grows 777% | There Is More...Not only Bread (BRDBTC) has been growing strong but also Gala (GALABTC), MANA, CRV, SAND, MITH and many, many other altcoins.
GALABTC has grown by 777% and this is a very strong indication as to what will be coming to this Altcoins market.
I've been warning about this and it is finally here and coming into full force soon.
The best strategy here is patience; Buy and Hold.
Set your sell orders before the bullish action starts as the big jumps tend to happen in just a few days and then we have months of consolidations before the next jump.
Get ready, be grateful and of course... Enjoy.
Namaste.
★ GALA/USDT - The pullback is formedOn a daily timeframe, the downtrend line is broken, and the pullback is formed. This is an excellent time to buy it for a target of $0.12 area, and then you can enter for $0.14. Be sure to use stoploss! The support area for GALA is 0.074 (Red line).
Your success is my wish, Dr.Ross.
GALAUSDT Technical Analysis⏳ Spot
💎 GALAUSDT has formed a Bullish flag. After the breakout it has done the retest successfully and the price has got rejected from a significant support zone. We have a divergence, after the breakout it will continue the bullish move
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🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.08938 - 0.09095
☕️ TP1 0.09869
🍺 TP2 0.10314
🍻 TP3 0.10904
🍾 TP4 0.11769
🍷 TP5 0.13000
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.08322
Good Luck 🎲
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GALA is breaking upYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
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Quick Trade idea for GALA Here's a quick Look at GALA 6 hr chart. As we can see, the price has been forming a bigger descendingl triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 0.094$
2. 0.106$
3. 0.115$
4. 0.123$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!