GALA - Breakout, retest, 65% gain? Gala is forming a wedge.
5 bounces on resistance line and four bounces on support line.
Next target $0.5644
RSI around 40
Volume decreasing since 6th February.
Very bullish on GALA
GALAUSD
GALAUSDT Projected PathwayBased on my analysis, I believe that GALAUSDT will follow this pathway due to being rejected at 0.618 of Fibonacci Level.
Set open orders & open Long from $0.27+ onwards and expect it to reach until $0.39+
However, market could always go in different direction. Always DYOR before following mine or someone's ideas 💡. Have a great day!!
I'm open to any feedback, thanks!! 👍
Gala to 0.618 fib? Gala had had a recent run of 157%
Expecting progression to 0.618 fib level in the next two weeks.
GALA GALAUSDT TRADE IDEA gala has given the breakout few days back and after taking correction which is acting like a retesting we can expect it to move to 0.55 level after breaking the 0.4 level first
$GALA looks good for an entryZynga games in the metaversa, or something like that, idc the setup looks good!
Entry .19 - .20
T1: .27
T2. .30
SL tight under entry / if BTC decides to go down.
Gala,, possible correction ahead.Gala, we see the big pump after 3 months. We are now on the 5th wave and there is a possibility to be a truncated 5th wave due to it broke on the trendline. Then possible ABC correction comes.
GALA (next leg up?)Hey Guys, I think GALA will break the last high on the 15 min and hopefully we see 0.50$ next.
What do you think?
It needs to hold its supportOn a 4-hour TF, It is now back at the $0.41 - $0.43 area support. GALA needs to hold this support. Otherwise, we will see more downward movement. The first resistance is $0.47 and $0.51 area. The major resistance is $0.58 - $0.60 area. The next support is $0.36 - $0.37 area. You can buy some GALA near the support with stop loss.
GALAOn a 4-hour timeframe, the range of 38 cents to 40 cents is a very important resistance range for GALA. According to the trading volume conditions, the probability of returning from this area is higher. Be sure to move your stoploss to the high points. If the 40 cents area is broken, we will have the opportunity to enter again.
$GALA, Looking good... $GALA
UCTS printed the second 1D Buy signal on this chart a few days ago, 30% up already
If market keeps the bullishness, it will probably keep doing new highs..
If you are looking for an entry, aim for retests/ R/S flips of the grey areas
#GALA
GALA/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me. I also stream weekly on TradingView.
GALA had a predictable run after having a bullish divergence on the 1D chart and now its time to short the coin (in the short term because I believe that in the mid term the coin will do good). The RSI of the coin is overbought and in the 1H chart the coin has a bearish divergence that the shows my target of 0.26$. BTC seems that will have a small correction to 40K so the most probable scenario is a short. I still believe that in the mid/long term the coin will do great but this is my position for now.
My next stream will be on the following friday and I will talked abou BTC , do an altcoin review, explain what is the wyckoff method and answer all your questions about crypto. Be there if you are curious. (Hour will be posted on the update of the idea.
💥GALA BREAKOUT - TARGET @ $0.90Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As illustrated on the chart, you can see that after gala consolidate/range, it breaks out and pump hard.
It did the same again here, it consolidated and broke out. We are now expecting a pump. My target for this pump is $0.90.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
Gala 1D Is there any chance for growth or all is lost?The main message in the previous GALAUSDT idea was: you have to take your profit from the "table" in time, if you are lucky and the market has shared the profit with you.
As we can see from the chart, the value of 1 GALA decreased from the maximum by more than 4 times in just two months.
Those who paid attention to the hint in the previous idea could have saved their hard-earned money.
Who wants to shift the responsibility for their mistakes to someone else, including us - then it is his right) But the money in the account will not increase, and the right conclusions will not be made, while such mistakes will be repeated.
This is all lyrics, let's go to the analysis of the chart:
1. During the recent sinking of the crypto market, GalaUSDT price fell to a level that previously prevented it from going up twice. Some interest was shown by buyers and pushed the price up from it.
2. In the last 10 days there is a consolidation, the exit from which will be a decent impulse.
3) The fulfillment of the white - positive scenario may occur only if some super-positive news, which is not yet seen or heard on the horizon. The target of $0.34-0.35 is a strong mirror level, which will be difficult to break up at once.
4. The target $0.78-0.80 is also realistic , but it needs an alt season and belief in a miracle) It happens when most people lose faith and interest in the crypto market, and it starts to shoot up).
5. If passivity continue at crypto-market, or negative news will arise, we don't see any obstacles for GALAUSD price to fall to $0.12.
For some people it will be a painful deposit drawdown, for others it may be a good price for a long position.
It's always like that on the market: some people lose - others earn at their expense. And only crypto exchanges always earn from both sides of market participants.
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GALA on its way to 0.9 and maybe 1$ soon!GALA is on its way to 0.9 and maybe 1$ soon, of course, if BTC allows :) this is just an unprofessional guess :) by me.
Cheers!
GALA: Signs of StrengthGALA has been in a downtrend for about 66 days. I have my fib measured to the ATH candle close (not the wick), and the .786 held when BTC fell to $33K.
So, is this considered the start of a reversal?
There are signs that are pointing in that direction:
Daily RSI was heavily oversold and has broken the downtrend
The main downtrend line of resistance has been broken as well
.786 fib held and bounced above the .618
For now, GALA is looking strong, and I'm long-term bullish on the Metaverse projects. Short-term movement will depend on BTC's position.
This is not financial advice. These are just my ideas and opinions.
Gala, Gala, what powerful legs you have for past 2 days...Gala, Gala, what powerful legs you have for past 2 days to fly high!
Where are you going after your accumulations with rising RSI?
1, 2, 3, 4, 5 on Daily chart
Or a, b, c on Hourly chart
Or Both?
Let's see. NFA. DYOR
GALANot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
GALA - Good entry timing and TP/SLBYBIT:GALAUSDT
1H trend chart
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GALA broke out the downtrend line on 1H, and retested it before.
It's kind of support transformation from resistance.
Also, there is a potential double bottom formation, so we can take entry here with trading strategy as below.
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Profit Targets:
a) 0.21050----Fib(1)
b) 0.21925~0.22279----Fib(1.272~1.382)
c) 0.23037----Fib(2)
Stop losses:
a) 0.17948----Red horizontal ray
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