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GALAUSD

GALAUSD Strong long-term Buy.Gala (GALAUSD) has hit both targets (0.06200 being the last) since our last call (October 26 2023, see chart below) and has established itself above the 0.382 Fibonacci retracement level: All MA periods have turned into Support levels, obviously the 1D MA50 (red trend-line) is the closer (short-term) one and a Higher Highs trend-line poses as the Resistance. Naturally, the new Bull Cycle aims on each and every Fibonacci retracement level upwards. As long as the price actions stays under the Higher Highs trend-line, we can see it following a structurally timed rise with clear pull-backs (red Rectangles) and growth patterns (green Rectangles) that can potentially double each time. As a result we set Target 1 on the 0.618 Fib at 0.17000. If at any point in time, the price closes above the Higher Highs, we will instead aim higher on the 0.786 Fib at 0.3500. ------------------------------------------------------------------------------- ** 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
GALA/USDT upward journey from demand? 🚀GALA Analysis💎 Paradisers, dive into the fascinating shift of #GALAUSDT from supply to demand zones, hinting at a bullish wave on the horizon. 💎 Reflecting on #GALA journey, it has masterfully navigated through its Cup and handle pattern, traditionally sparking ascents. Now, as supply morphs into demand, the stage is set for a bullish leap from this pivotal level, aiming for higher supply zones with continued momentum. 💎 Conversely, should INDEX:GALA falter in its climb, pivoting to a bullish stance from the demand level at $0.03547 might be our next move. While the temptation to sell may grip newcomers at signs of struggle, the wisdom lies in holding off for a clear dip below this level before executing strategic trades.
Long
by MyCryptoParadise
The GALA rocket has not yet run out of fuelIn the related analysis, you can see the previous analysis of GALA, we are from the bottom with GALA. Our first supply was broken, now we have fixed on this supply. It is expected to get support from the green box after one or two more tests. The next target is marked on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark
1
GALA Primed For More Upside In Crypto - How To Buy The DipsThis current dip on GALA will be the last best buying opportunity for it's current trend. Crypto is famous for running flat corrections that make higher highs and higher lows. In fact, it's the most popular type of correction in all bull markets. These types of corrections leave traders chasing after price as they are uninformed on how to take advantage of them. In this video, I share how to buy the dips on GALA starting with this one. I share two trade setups with two different strategies and clear step by step conditions that need to get met in order to execute this trade. Let me know in the comments if you agree or disagree with the upside I'm projecting. Do you think these trades will work out? Follow if you want to make 2024 your most transformational year in the crypto markets. I'll take you by the hand in these Tradingview updates. I've been trading in crypto full time for over 6 years since 2017 and I've thrived through every bull market, outperforming bitcoin's performance every time. This bull market will be the same. But.. It's going to take strategic navigation of shifting between crypto's and some diversification. I leverage expert research companies to feed me the next best projects coming out and then I overlay my technical system to the charts to time my entries, manage my risk, and maximize my profits. Join me in making 2024 another life changing year!
Long
by NewWave_Traders
1
GALA price sets the pace and direction for the "gaming industry"GALA is the "hardest" gaming coin that has now woken up and is showing growth. "The heaviest" because its capitalization is now $2.75 billion and if you look at the GALAUSDT price chart "globally", these are still lows. Or perhaps it is a signal from "MM" that it has enough capital to back such "difficult" projects and imagine what can happen to the price of gaming projects with a capitalization 10-20 times lower?) What do you think about this? Write in the comments. ATH - GALA is still very far away, and the capitalization of the project there can reach $30 billion, which is already a considerable amount. So for now, let's look at more mundane targets for GALAUSDT. Right now, buyers have stopped at the level where the last portion of the shorts' stops is probably hidden - $0.09. Breaking these stops could easily push the GALAUSD price to at least $0.10-0.115. And then, either hyper-acceleration to $0.24-0.25 or the start of a correction. And frankly, the second option is more to my liking.)
by P_S_trade
14
Beautiful Crazy Gala :DHi everyone Gala needs to stop at this level only if it don't want to lose more of its value (30-60%). look at this trend line from the top which is 45 angle which can work as a support related to Gann's theory. Also , It is now on very important trend line ,which I think it is the first good buy area. But u should take in consideration that Gala can break down this trend line and going to the lower buy areas (Green levels) depending on BTC's Moves. So, if I have 1000$ , I will buy 33% here and the rest on those green levels if we reached them. Good luck. Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions. Good luck.
by KarimMohsen
18
Gala ideaBINANCE:GALAUSDT Absolutely, buying GALAUSDT above $0.074 could be a strategy, placing your order slightly above the maximum price in the last 6-hour candles. This aims to capitalize on a potential breakout if the price surpasses resistance. Here are some things to keep in mind: Market Volatility: Cryptocurrency markets can be very volatile, so there's always a chance the price could drop instead of rising. Setting stop-loss orders can help mitigate potential losses. Technical Indicators: While the past price behavior can be informative, it's not a guarantee of future results. Consider using other technical indicators alongside price action to strengthen your trading strategy. Market Trends: Understanding the overall trend can be helpful. If the general trend is bullish, a breakout above resistance is more likely. Remember, this is not financial advice, and it's always recommended to do your own research before making any trades.
Long
by Arash-RK