GALAUSDT
GALA has registered a 30% growth in the last 24 hoursGALA has registered a 30% growth in the last 24 hours. The price is in a long-term bearish channel on the daily time frame, which has recently generated a strong positive reaction and a strong increase in demand by hitting the $0.01600 support area. This strong return has caused the price to reach the ceiling of the descending channel. According to the type of encounter, there is a possibility of breaking this dynamic resistance and leaving the descending channel. GALA cryptocurrency is in the ranges that were first traded at these prices.
You can consider a downward trend line on the RSI indicator in the daily time frame. This trend line is broken and pullback to the range of 29-30 on the RSI; we can expect a strong positive reaction. The break that happened in the $0.020 range was fake, and a return to this range could bring a positive reaction. Strong support is considered in the daily time frame between $0.018 and $0.020, which pullback and return to this area can bring a strong positive reaction.
Also, in this time frame, we see an upward spike phase formation. If we observe a reaction to the channel ceiling in the lower time frame, there is a possibility of forming a double ceiling pattern and correcting towards the specified support. The closest support to the current price is considered in the range of $0.0220-0.0226, which could bring a positive reaction. The main static resistance is in the range of $0.0245 to $0.0255, which has seen a negative reaction to this level twice.
Another Gala?absolute classic, fall from the top along with the rest of the market, any of these that are down 90% are in a good spot to DCA if you're in at the highs. IF you scooped this >$1 than buying at .01 is a good option to dca.
Breaks soon..Most probably Bitcoin analysis that I shared is going to work to up. So, the breaking is going to effect most prabably the price to up. Even if triangle doesn't work (most probably it will not work because there is no volume) we can wait until it breaks 0.265. After 0.265 it is gonna get volume to go on upper parts.
Short term rally in $GALA? $.037-$.048 target?A chance at 40%+-80%+ returns?
I know nothing about Gala, but the chart looks very bullish.
The chart looks like it's formed a large falling wedge which broke out and then formed an ascending triangle bottom. Upon a breakout of the triangle, I think $GALA rallies to at least $.037 but I think eventually it gets up to $.048.
Gala Hits New All-Time Low | Time To Recover!As you can see from the chart below, GALAUSDT hit a new All-Time Low just days ago and is preparing to reverse the trend.
22-Nov-2022 Gala hit its lowest price since September 2021, when this pair was made first available for trading on this exchange.
For those looking for trend-reversals, hitting new lows is always a great signal.
How to know if this is really a low and a bullish wave will take place or if prices will continue lower?
One way is to look at the RSI.
If you notice early November, you can see new lows being hit but the RSI being weak.
Right now GALAUSDT went even lower yet the RSI is now strong.
Another way to know if a bullish wave will follow a new low set is by looking at how the other pairs/assets/altcoins are behaving.
When you see pairs such as DOGE and LTC, ETH, REN, MATIC, FTM, etc. You have another signal that supports a change of trend.
If all these other pairs were looking bearish, this low might not be the end.
Since we have a strong RSI and many other altcoins already moving up, we can say that GALA too will recover... If not, we have a setup with very low risk and high potential rewards; which is what we are looking for anyway.
Namaste.
GALAUSDT Buy timeHello Traders!
Welcome Back to another episode with Analyst Aadil1000x.
Today we are going to buy from this bullish point
Gala buy now, its at 1.554
Target 1, 1.5973(+2.3%)
Final Target, 1.5973(+2.3%)
Stoploss 1.5249(-1.8%)
Don't forget to hit the like button and follow to stay connected
DCA into Gaming - GALA, SUPER or UOS? Gaming coins have taken a big hit this bear market. Now I feel that it's time to DCA into a couple of them. GALA need 30 X (!) to reach All Time High (nov 21). Excited to see what gaming coins can do next bull market. Here are my top 6 gaming coins 1. ) Matic 2.) PYR, 3.) UOS, 4.) GALA, 5.) SAND, 6.) SUPER.
GALA is in the critical PositionAccording to the Chart Gala is in the bottom of the Triangle an it can goes in both direction. if the dynamic support line break out we can have a bearish move in Gala , and if the dynamic support line do his job and then break the dynamic resistance line we can have bullish move up to the ATH resistance level.
we should wait and see what will happen in the near future.
good luck, please like , comment and share to support us. Thank you
#GAL/USDT DAILY BREAKOUT AND RETEST TO PUMP 200% !Welcome to this quick GAL/USDT analysis.
I have tried to bring the best possible outcome in this chart.
Reason for trade:- GAL/USDT is a Breakout and retest complete buy the dip
SPOT CALL
Hold it for a long time to come, it can give good profit, as BTC will pump, all the calls will give you good profit and most important stop loss
Entry:- CMP and $1.95
Traget:- 200%
Stoploss:- $1.93
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
Wait for confirmation first! ✨I think this is a very interesting moment for this coin as it approaches a very important resistance level. However, it's no clear yet if it could break through it or reverse altogether so here are 2 tips. If it breaks through, wait for the retest to enter and set target a little bit below resistance level as it could react fast to it and drop fast once it reaches. Another scenario could be it actually break the upper channel it's making and if it does wait for the breakout once you have it, wait for the re-test of this breakout and then enter the trade lower. Always wait for confirmation to be safe. Target for down is previous resistance turned into support.