GALAUSD
$GALA Is Ready To Short SqueezeJust forget about macro economy, bitcoin and dollar index for a while as some coins/tokens has shown signals which is ready to short squeeze.
When will the GALA GAMES come to life ?It's been almost two months since our previous GALAUSDT idea was published
And as we can see, working out the red scenario from the idea above is nearing completion.
The GALA price is now in the liquidity zone of $0.035-0.040, where you can try to buy longs. Of course, if you believe in the project and in the further dynamic development of the gaming sector in the cryptocurrency market.
As for the goals from above, in the case of growth, the first buyers will be met by the same liquidity zone of $0.07-0.08, which has not let the price go higher twice already.
The global target for growth is around $0.18
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Trading opportunity for GALAUSDTBased on technical factors there is a Long position in :
📊 GALAUSDT
🔵 Long Now 0.05172
🧯 Stop loss 0.04530
🏹 Target 1 0.05600
🏹 Target 2 0.06290
🏹 Target 3 0.07200
💸Capital : 1%
We hope it is profitable for you ❤️
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GALAUSDT 1D Where you can safely buy GALA to earn afterBefore you are a global chart of the GALAUSDT trading pair
The downward trend has been going on for almost 9 months.
The chart shows the first signs of a possible break and change in the trend of the GALA price movement to up.
However, the truth will be that there is no aggressive confirmation that in the future there will only be an increase in the GALAUSD price. The GALAUSDT price is still moving in a falling channel and rather weakly approaches the liquidity zone of $0.070-0.080
Based on what we saw on the GALAUSDT chart, we made the following conclusions for ourselves:
+ a confident long after the GALA price can break through the channel upwards and secure itself above the liquidity zone of $0.070-0.080. The entry will be +/- the same price as it is now, but on the risk side, the entry point will be much more certain.
A similar situation was earlier on the MATICUSDT chart
+ if the growth in the cryptocurrency market is ending now, and then a correction begins, and maybe an update of the minimum, then nothing will be able to prevent the GALAUSDT price from falling to $0.035. If you believe in the prospects of this project, you can place a pending limit order at $0.035 and wait for happiness in the form of filling this purchase order)
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GALA - WILL BE PROFIT !!!Simple idea, everything is on the graph.
What do you think? Can RSI and trend keep going up along with the price?
GALA a quick lookJust a fast chart i threw together hoping to catch a nice pump from GALA
Well see how it plays out :D
BE CAREFUL IF YOU ARE HOLDING GALA.Hey guys, here's a quick update on GALA/USD. Please note that I am not sharing any trade setup on GALA. This update is based on T.A and chart patterns.
Timeframe: 6 hours.
Update: GALA is under a head & shoulder pattern which is technically a bearish pattern. It has already broken down below the support level and is currently in the retest zone. There is two main resistance holding GALA to break through- 1) 21 MA Resistance presently at $0.04941. 2) $0.05245 Resistance trendline.
With the recent rally in BTC, there weren't a lot of changes in GALA's price.
Invalidation Point: The only invalidation level for GALA is $0.05245 resistance (previously support). If GALA break through this then the trend will get reverse and GALA will rally high.
Conclusion: If you are holding long on GAL then keep your SL tight and if you are short on GALA then keep an eye on the mentioned resistance level.
Trade safely, guys.
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