GALA - just one more dump!Hello, dear friends!
Last time I have too many analysis updates on INDEX:GALA . Some of you could think that I am their ambassador, but it's not true. This asset just in the nice price range to accumulate some coins. You have already seen my global analysis that bottom is almost here.
Today I will show you the local price action analysis. the fact that price set the new lower low means that we are in new bearish impulsive wave. I think this is wave 5. This wave should also consists of 5 waves. It looks like wave 4 has been finished and wave 5 in wave 5 is in progress.
I expect the dump slightly below current low. If Awesome oscillator will show divergence it's gonna be the nice reversal sign.
Best regards, Skyrex team
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GALAUSD
GALA - where is the dump limit?Hello, dear friends!
Time to make an update for the annoying BINANCE:GALAUSDT which have already took 2 my stop-losses during this dump. Elliott waves analysis is showing us that the bottom is too close and the potential reward is gonna be 10X more than risks, that's why it's ok to get couple of SLs.
Looking at the current price action it looks like dump don't want to be stopped. On the 2D time frame we can see the forming of the green bar, which means that asset can go a little bit lower.
Elliott waves analysis is showing us the potential ending diagonal forming and wave 5 has two potential targets: 1 and 0.61 levels from wave's 1 length. The first target is unreachable because of negative price zone, that's why our target is $0.009. Anyway MFI is decreasing right now, it means that downtrend is weakening everyday.
Best regards, Skyrex team
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Ultimate GALA analysisHello, dear friends!
Today I will show you why there is a huge confidence in potential pump for BYBIT:GALAUSDT.P and also the bear market could be finished for this asset.
First of all let's take a look at the 2D time frame. It looks like price is printing the ending diagonal in last bearish wave 5 which consists of 5 waves.
Awesome oscillator is showing the potential divergence. Of course, momentum has not been changed still, but when we will see three green bars on the hist it means that we did not make a mistake.
Watch out the updates to this article in the next hour!
Best time to buy in the history of GALA?3 "Ifs" to the biggest trade of your life:
If #1 is unknown: If Gala finds support here at historic support level
If #2 has a high probably of happening: If Gala is relevant in the future (dozens of games in production, should be relevant next bull run)
If #3 high probability: If there is another bull run, at some point.. and if gaming is a leading sector (check Alex Beckers Youtube.. he feels it will lead , aided by AI blending meta, gaming, ads, services, work.
IS IT GOOD TIME TO BUY GALA COIN ?? GALA COIN ANALYSIS !!INDEX:GALA Coin Update !!
• Price Trying Now to Bounce back From its Last Support.
• Major indicators look over sold.
• i think you all now about conflict b/w ceo & co-founder of #Gala coin.
• invest only what you can afford to lose.
• If you already open postion in long around 0.0155$ then just hold your trade and move sl at entry price.
• If its break its last support then next possible support are clearly draw on a chart.
FOLLOW US FOR MORE ANALYSIS !!
GALA triangle pattern range and gain 🚀Hello 🐋
Based on the chart, the price is in the parallel channel and close to the channel support area, and triangle pattern ✔️
if
the price doesn't break the support zone to the downside, we will see more gain 💣🚀
otherwise
we can see more correction to lower support level ❌🧨
if
breakout of the upper resistance zone be completed, we can see more pump to the upside ✔️🚀
👌 Notice: pay attention to the price on shortcut chart (located below the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
GALA Daily Bullish DivergenceGALA/USD is sitting at a deep 88% retrace currently and if can begin to take out previous local highs around 0.026, that could give it the juice it needs to see the daily bullish divergence on the MACD play out.
If so, a target of 0.042 near the value area high of the volume range I have shown would be in the cards.
A stop loss would be just below 0.018.
GALA price is on the verge before a big increase The GALA price is probably tamping the "bottom" now.
If we look at the full trading history of GALAUSDT and apply Elliott Wave Analysis, we get the following:
(1) a sharp wave of growth occurred in early 2023 and brought the GALA price out of a prolonged downward trend.
(2) a protracted six-month correctional wave in the A-B-C format probably ended in June 2023
(3) the 3rd wave, which is considered to be the largest/longest, is probably just emerging.
The GALAUSD price has a tough upward path ahead.
$0.07 is a strong mirror level, above which a dense liquidity zone begins.
We currently assume that the GALAUSDT price will be able to rise to $0.11-0.13 in a few months (x5-x6 from the current price). However, depending on the growth pattern, pace, and other inputs, the targets from above may be recalculated. In this case, we will update the GALAUSDT idea.
So, please like, comment, and subscribe if you are interested, and we will provide you with relevant thoughts)
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GALA - Bottom Is in! 3000% Gains To Be Made!GALA looks like a very simple Impulse, correction, impulse.
We've recently broken out of the year long correction with a nice impulse.
We are now in an ABC correction which appears to be held within a parallel descending channel. We've seen both waves A and B and we are currently in wave C.
See chart update for lower timeframe analysis.
Trade Idea:
- For a safe entry, enter on break of the channel
- For a risk entry, enter on break of lower timeframe trendline
- Stops below the bottom indicated
- Targets: 0.1, 0.2, 0.7, HODL the rest
Goodluck and as always, trade safe!
GALA Games: Potential AB=CD BAMM Bullishly Diverging at SupportGALA looks like it could be setting up for a double bottom at a local support it's created for itself. During this process it's formed some Bullish Divergence and has given us a potential Bullish Dragon Trend line; if it breaks out I would think this would be the start of an AB=CD movement up to the 1.414 Extension of 7.8 cents
GALA📊 #GALAUSDT
⏱ TIME: 1D
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
📍The initial buying limit: 0.024 $
📌TP1: 0.04 $
📌TP2: 0.06 $
📌TP3: 0.145 $
📌TP4: 0.4 $
GALXE short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
GALA, ON SALE. Discounted price now... Upside prospect is huge.GALA overextended its correction phase to 0.034.
This is at extreme oversold levels already at the current price point.
I'll take initial seed at the current level.
Spotted at 0.0340
TAYOR.
safeguard capital, always.
GALAUSD long positionOn the chart we can see the fractal pattern. The price has already broken the supply line and is approaching the next resistance where we are expecting rejection and further consolidation before going higher.
The entry, the target, take profit levels are shown on the chart.
Good luck.