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GALAUSDT

Gala forecast and ideaAfter the price correction and return to the resistance Zone, we enter the short trade for the second drop to the Fibonacci range of 2 or 1.805 . Entering the short trade, after the pull-back from Resistance Zone and confirmation of the price falling. --------------------------------------------------------- Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Short
by Arash-RK
GALA return to the whales area🔥 Time to open long ❓Hi friends! The GALA price returns to the area where the biggest volume were traded. I suppose that whales buy their GALA here at the bottom. Now you can see how the price return to this area agin and it`s a good chance to open a long if this preconditions will happen: 🔥 false breakout of the $0.046 key level or short squeeze below the local lows to activate the sl of small traders 🔥 volume growth which shows the additional purchase by the big players and that the small one sell their coins 🔥 squeeze to the trendline 🔥 bullish BTC. All altcoins follow BTC, so if it`s start to grow, the GALA reach the targets much faster. 🚩 Now the price of GALA is inside the $0.052-0.062 huge value area which is support fot the price. 📊 The targets: 1. $0.073 - the key level 2. $0.08-0.084 - the closest value area which become the resistance for the price ✅Also i will track the huge whales orders wall to BUY using DOM and Footprint. This tools show the exact price where the big players set their BUY limits and I open the long with short sl and best risk to reward ratio (1:7-20 or more). Stay tuned! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
2
GALA Choses Short scenario I shared previously both scenarios and was leaning toward red, simply given the fact we had a harsh rejection at the above bearish ob in red, with candle closes below and wicks above. We then lost the s/r as support, made a LL and broke market structure increasing the drop momentum down to my target almost perfectly, just quicker than I had anticipated! Now bouncing off support OB and will want this to hold in the short term, I expect it should and we see some chop in this area. A nice play if you shorted this for 16% roughly in profit! NOW? I'd be longing this off the bottom bounce if looking to trade, waiting for a retest as confirmation though. Cheers
Long
by cryptovatsik
3
GALA - Key level for Long or ShortIf you want to trade GALA, here is how I would do it. Long target with SL and short target with SL. These need to be tight stop losses imo, with short-term target swing trades. Not looking to accumulate in this choppyness, but could easily play this if we get another leg up or if this fails and it breaks down. Personally I do care which direction it goes, but will play it as I see fit. If we get a nice reaction to the previous S/R we broke which is now support, I will enter a long. If we break down further and get a bearish backtest I will short it with invalidation above the level. May low is broken, no longer support and now minor resistance, not a significant level imo but possibly a good determination of weakness or strength in the next move. V
by cryptovatsik