Get started

Galausdsignals

GALAUSD This pull-back is a great buy opportunity.Gala (GALAUSD) gave us an excellent buy signal on our previous call (August 23, see chart below) as after some consolidation, it rebounded aggressively to its 0.786 Fibonacci and hit our 0.0600 Target: This week's pull-back may be aggressive but so far is only a technical correction towards the 1D MA50 (blue trend-line). Its recent Golden Cross with the 1D MA200 (orange trend-line) on November 30, is the first such formation in 1 whole year (last one on December 05 2023). As you can see, the two fractals are not identical but share certain symmetric similarities (also on CCI terms), so it is possible for this pull-back to reach as low as the 0.5 Fibonacci retracement level and then rebound. Even though the March 10 2024 High was priced on the 1.786 Fibonacci extension, our next Target should be within the 1-year Channel Up (until broken), so we will be aiming for 0.11500. ------------------------------------------------------------------------------- ** 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
2
GALAUSD keep an eye for this +200% profit opportunity.Gala (GALAUSD) has been trading within a Channel Down, similar to all such patterns since the past 2 years. In fact this is the 3rd straight Channel Down occurrence since August 2022 and they've all bottomed around the same levels, before breaking-out the formation above them. What confirmed the bullish break-out each time has been a 1D candle closing above the 1D MA50 (blue trend-line). This level is being tested today for the first time since June 07 2024. If we do get that candle closing above, consider it a buy signal and the minimum Target the previous Channel break-outs have achieved has been a little above the 0.786 Fibonacci retracement level. As a result, our medium-term Target is 0.0600. ------------------------------------------------------------------------------- ** 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
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
GALAUSD 0.01700 Target hit. What's next?Gala (GALAUSD) hit the 0.01700 bullish break-out target we gave almost 2 weeks ago on the RSI Bullish Divergence: Since the price broke also above the 1D MA100 for the first time since April 20 but mainly the Channel Down pattern, we shift to the larger 1W time-frame in order to identify the long-term trend. As the 1W MACD just formed a Bullish Cross, while the candle broke above the Bear Cycle's Lower Highs trend-line, this break-out is a clear long-term buy signal towards the next level of Resistance, the 1W MA50 (blue trend-line). Our first target is 0.02900 and when the price closes a 1W candle above the 0.236 Fibonacci level, we will re-buy and target (2) 0.06200 (0.382 Fib). As the crypto officially entered its new Bull Cycle, the Fibonacci retracement levels will start assuming the roles of Resistances on the way up. ------------------------------------------------------------------------------- ** 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
2
GALAUSD Short-term buy signal on a Bullish DivergenceGala (GALAUSD) is trading within a Channel Down pattern since early January and recently got rejected on the 1D MA50 (blue trend-line). Despite the declining trend, the 1D RSI is on Higher Lows, i.e. a strong Bullish Divergence. The Lower Highs trend-line has been broken, and the previous two times it did so within the Channel Down after a bearish leg, a counter-rebound took place. As a result we consider this a buy signal towards the top of the Channel Down. We don't wish to exceed the 1D MA100 (green trend-line), thus our target will be contained at 0.0170. ------------------------------------------------------------------------------- ** 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
1
GALAUSD This will give you one last opportunity to buyGALAUSD has comfortably established trading above the 1D MA200 (orange trend-line) ever since the January 09 break-out. It has long broken above the November 26 2021 Lower Highs trend-line, that was practically the trend-line that dictated the whole Bear Cycle and is officially (having made a Higher High as well) entered into the new Bull Cycle territory. The price is now facing its most significant medium-term Resistance, which is the 0.07400 Symmetrical Pivot Level that has been in effect since October 2021. A rejection there can deliver a pull-back to the 1D MA50 (blue trend-line), which basically will be the last buy opportunity for people who missed the rally so far. A break above that Symmetrical Pivot, which is not on the 0.382 Fibonacci by accident, should coincide with a 1W MA50 (red trend-line) test. Above that we can confidently fill all the upper Fibonacci gaps, which as you see match very well with prior Support/ Resistance levels of the Bear Cycle. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:GALAUSD
by TradingShot
GALAUSD Double Bottom and RSI Bullish Divergence.Gala (GALAUSD) has been trading within a Channel Down since the November 26 2021 High. The 1D MA50 (blue trend-line) has started to turn sideways but is still untouched since April 06. The 0.050 Support is holding on a potential Double Bottom formation but the strongest bullish sign comes from the 1D RSI which has been on Higher Lows while the price action has been on Lower Lows indicating a Bullish Divergence. As a result, a break above the 1D MA50 may be closing in and would be a bullish break-out signal all the way to the top of the Channel. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:GALAUSDLong
by TradingShot
5
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