GALA, Daily Trade, Signal#GALA continuing to hit resistance at 0.50 and not able to break through. Another unsuccessful nudge and we’ll be shorting to the next support.
GALAUSD
GALA, the end of a correction and the beginning of a new uptrendGALA has been in a downtrend for more than two months. It is only now showing signs of a new uptrend.
What positive signals can be seen on the chart?
- A correction of more than 50% from the high
- A long consolidation
- Breakdown of the trend line
- Local formation of higher highs and lows
It is also worth highlighting that a technical pattern - a symmetrical triangle - has formed on the chart. And the price has broken through the upper boundary of the pattern, which is a positive signal for the continuation of the uptrend. According to the rules of the pattern, target = height of the triangle.
We don't know if the price can reach this target, it is important to analyze the bitcoin's performance, as all altcoins are correlated to bitcoin.
It is important to note, we did not buy or hold this coin in our portfolio. This is just a technical chart analysis at the request of our subscribers. Personally, we buy altcoins for no more than 20% of our total capital and hold our coins in the medium term. As practice shows, this is the best way to trade. We trade bitcoin using our trading indicators for all of our principal capital. You can see more details in past ideas.
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GALAUSDT 17% up still from my last analysis.
Take some profit here. And leave for some rest. Iff pull back come. Then add more at dip.
GALA - Potential Long SetupGALA seems to be holding here after coming down slightly lower than my short target (albeit within range). Basically, you can try to target the flipping of the purple line, which is the 50ema. I went long earlier, but I think .52 is the safe entry here with a stop at .48 , NFA , DYOR. Watch BTC for guidance.
GALA: Strong Resistance AheadMany alts, including the Metaverse tokens, have already shown strong bullish signs. As long as Bitcoin continues this bullish reversal, I'm expecting GALA to continue a push toward previous resistance between $.58 - $.63.
If GALA is able to pass this resistance in the coming weeks (January/February), then GALA will push to previous ATH at $.84. If that gets broken, then GALA will be in price discovery mode.
This is more of a mid-term outlook, not short/immediate term. If you're looking for a shorter-term trade, then keep an eye on the strong resistance zone as charted above.
Let me know your thoughts. Did you accumulate GALA on the dip?
This is not financial advice. These are just my ideas and opinions.
GALAUSDT GALA seems to be going to hit $1 soon.
Gala broke the Symmetrical triangle upside. And retest also done.
TP, Stop-loss shown on chart.
GALA/USDTOn a daily timeframe, the important support of $ 0.40 has worked well and a good positive move was made. The $ 0.47 resistance is broken and is a pullback and is suitable for entry. If Bitcoin has a growing trend, it will be ready for the target of $ 0.57.
$Gala looking good 😊in Fibonacci retracement , it retracted to 0.618(inverse-0.382) **golden pocket**.
Now we are ready to fly to atleast $0.52803.
GALA and MANA - Buy both with these TP/SL on Christmas!🎄🎁🚀GALA met 1H Vegas tunnel strategy.
MANA met 4H Vegas tunnel strategy. (at blue arrow)
Time to buy them with TP/SL as charts.
Also, 🎄Merry Christmas and hope you have a great profit here!🚀
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GALA: Accumulation ZonesThere are two local zones of support, both of which will highly depend on BTC's next move. If BTC dumps below $45K, then it's highly likely that GALA will reach zone #2. I think that zone #2 would be a great accumulation area before the next move up. GALA can easily reach $1 on the next bullish move to the upside, which would be more than a 2x gain from here.
This is not financial advice. These are just my ideas and opinions.
You can follow my BTC chart here:
GALA to the higher highsGALA made a good progress last month and after a long deep correction price has broken the downtrend.
GALA is very bullish don't miss it.
Good luck
GALA/USDT looks very bullishGALA is about to break trend line and create a new impulse with possible ATH.
Best trading entry is after breaking trend line and possible retest of support, however it might explode with big impulse.
MACD shows very nice rejection on daily which definitely gives possibilities to continue the bullish trend.
Please DON'T LIKE and DON'T FOLLOW me if you don't like my idea :)
GALA: patiently waiting for final flush to go longHave been tracking GALA since buying at .22 and selling at .80. Expect final leg lower on this correction which will present excellent buy op for the run to $1-1.20 or so. Good Luck!
gala long swing ~gala looks pretty good here.
standard golden zone ---> -0.236 algo swing.
could go much higher, and most definitely will.
entry: 0.44
tp: 0.71
Do not miss the 50% gala profitIf the market pullback on the recent broken trend line, be sure to buy.
Stop Loss is your best friend.
$3.24 GALA ?! Gala was using $0.083 as support from September til November (roughly 59 days) before it broke out of desending triangle and gained modest 839% in 14 days.
I have noticed a similar pattern it forming. GALA has started using $0.43 as support. In a descending triangle pattern.
Using Fib Trend Extension to work out the next cycle high we get a top figure of $3.24. That is a 682% gain.
So far we have been in this formation for 14 days. If this pattern it anything like the last we can expect up to 40 more days at this price.
Hope this helps!
GALA- Game of Round NumbersThis is a text book CLASSIC example of the Power of Round numbers.
Farmville and Zynga Ceo's Gala has a great reputation for building games and this makes Gala attract attention.
At the same time there seems to be a game going on with the price reacting very dramatically at every 'Round number'.
This is a game I personally do NOT like... but i like to trade it.
Gala will follow the market and what the market does. Just remember to buy or sell this one on the round numbers.
What do you think? Round numbers are psychological support/resistance levels but isn't this case a weird? Could it be manipulation?
Probably is. Thus the 'Short' idea here
the FXPROFESSOR
GALA 12h Take your profits from the table on timeToday we will look at the next NFT game token GALA and accordingly the trading pair GALAUSDT .
GALA Games is not just one game, but a whole series of blockchain games, which they also plan to increase. Their philosophy is that in the first place in games should be entertainment, and then the blockchain (because it's a trend as it is).
And now to GALAUSD chart
For almost a month, the price of GALAUSDT consolidated in a narrow $0.7-0.12 range on one side and in a wide 80% range on the other side.
And as a result of the consolidation, the upward momentum. In two weeks the price GALA went up 1000% or as they say in people do x10 . This is just an excellent result and for sure it is not the end, because we suppose that those who bought this asset at the high, the fate will give another chance to sell it at $0.90-1 — do not miss it.
Because below $0.60 a full-fledged correction with the aim of $0.35-0.37 may take place.
If you do not like such speculations and believe in the project and know how to wait, most likely, next target for you will be $2.20-2.50 from above.
Please write in the comments why the price of GALA has risen so rapidly, of course, that TA has nothing to do with it — this is definitely some news (sarcasm:)
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GALA - A bit overbought for nowI think this one has steamed off and I have some orders ready at $.47 .51, .54, . RSI and Stoch both showing over bought with a momentum shift to downside likely. NFY, DYOR
GALAUSDT - BUY THE DIP FOR 70% GAINSEmissary over here.
Hello again everyone.
Today we take a look at Gala Token.
Get ready and set your buy orders at 0.3712. Red box is our high demand zone atm. Just wait, it'll come down.
Buying 0.3712 could get us 70% in the short term.
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Remember this is no financial advise, DYOR and trade at your own pace and risk.
Farewell
(update) GALA is now Ready to reach 1$!Hello every one
GALA/USDT
Last Time We talked about GALA It was in a Bullish Flag! now The Break out Needed For ascending Further has Accured So It Is safe To say The Expected Target (1$) can Be reached Right now!
Previous Analysis:
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Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Galausdt may retest the support zone and bounceGalausdt may retest the support zone and bounce back again. In recent Days I have made an analysis on Gala you can check out in the comment section.
Thanks and Happy trading.
