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GALAUSD

GALA - Final Drop! 👀In our last post, we were anticipating the final drop to appear and now we've got it. The time to buy is almost here! For confirmation of bullish breakout, we can wait for a break of the red trendline. For an even cleaner entry, you can wait for you bullish reversal confirmation price action to appear such as lower timeframe trendline breaks, BOS etc. Trade Idea: - Wait for bullish price action to appear on lower timeframe - confirmation on break of the red trendline - stops below the lows once bullish price action appears - Targets: 0.4, 0.8, HODL the rest Goodluck and as always, trade safe!
by WicktatorFX
4
gala/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Risk Reward: 45.14 Potential upside: 1906% Potential downside: -42.24% The bottom looks like it's in or really close. We haven't touched wave 1 top yet so technically we still have a -42% downside before we enter wave 1 territory. Gala has been going up since it started in 9/2020 and peaked at 11/2021. An uptrend for 1 year and 2 months, since then it has been correcting and looking for a bottom. From 11/2021 - 5/2022 is about 6 months and that is a healthy correction considering how long it has been going up for. If we get something similar for the next impulse cycle then it can play out to something like this chart. An uptrend is usually 2-3x longer than a downtrend so we should be seeing a reversal soon.
by AyoKu
GALAUSD on the strongest rise ever but is it enough?Gala (GALAUSD) is having the strongest 3 day rise (more than +270%) since it first started trading. The bounce came very close to the 2.0 Fibonacci extension from the first Low of this correction in January 22 2022. However this is not enough technically to restore the long-term bullish trend and start a new Bull Cycle. In order to do so, Gala has to break the Lower Highs zone that started after the November 26 2021 All Time High. Then the price can start filling the Fibonacci retracement levels towards a new All Time High. Until that happens, it is possible to see a new rejection new the Lower Highs or the 1D MA50 (blue trend-line) and if the 2.0 Fib breaks, set a lower target on the 2.5 Fib extension (roughly 0.012). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:GALAUSD
by TradingShot
1
GALA/USDT 4HRThis is my prediction of what lies ahead for Gala. We are currently at the end of a BULLISH symmetrical triangle and we are expecting a breakout. It has just hit the major support bottom (Thick Blue Line) and we are now waiting for it to turn around for a big push. We may see some consolidation, but I still believe we will hit these targets. Please refer to the chart for target prices. If you like this then please give it a thumbs up and comment below. Happy Trading!
Long
by MikesCryptoTrading
GALA HAS POTENTIAL TO PUMP 700%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice. #LONG GALA /USDT breakout this SYMMETRICAL TRIANGLE pattern. ENTRY: CMP and add more up to $0.218 SELL- 700% STOP LOSS: $0.217 This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
3