GALA, is this a trap for traders? Look at this!Gala is now in the big triangle. On the 30m timeframe we can see uncertainty and price consolidation. When to open a trade?
1. Globally, we can expect an uptrend move. Bitcoin and Ethereum are renewing their local highs and are still showing strength.
2. When the triangle breaks down, traders who opened LONGs will become fuel for a move to the key $0.25 level!
3. After a false breakdown you can try to open a long trade, but we must see large volumes! Now traders who opened short trades can become fuel for growth as the market is still BULLISH!
Friends, press the "like" 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.
GALAUSDT
GALA SHORTER TF TRADE SETUP 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 is about to break out this symmetrical triangle pattern.
Buy GALA at CMP and add more up to $0.258
Target:-10% - 20%
SL:- $0.25630
Leverage:- 10x
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
Gala is Ready for GALAHere is My Idea on GALA.
I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
Aprox. All Crypto Currencies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting any Technical Analysis
If You Like My Work Just Come and Join Me.
GALA, TARGET after a LONG accumulation!Gala has now broken through an important level and is coming out of the big value zone.
It is important to understand who will be the fuel for growth! Most likely, it will be the traders who took short positions in this value zone.
It is very important that the price has not fallen significantly after the false breakdown. This means that there are a large number of buyers who are ready to hold the price and price makes a close retest - bullish signal.
Friends, press the "like" 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.
Is GALA going to renew LOCAL HIGHS? Check it out!
Gala continues its rise, but how could we have predicted this and could take long positions?
After the false breakout of the key level, the price did not drop significantly, but began to consolidate under the key level of $0.2425. This was definitely a bullish signal.
After breaking the level, the price tested it several times as SUPPORT, which shows the strength of the buyer and an additional bullish signal.
The mid-term target for Gala is the value zone of $0.32-0.34!
Friends, press the "like" 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.
Is GALA loading up for a launch?Analyzing the range that GALA has been trading in we can note that it has retraced significantly from the weekly range swing high and low. On the most recent swing high and low the Fibonacci retracement acts in confluence with some key areas outlined the chart to create a potential entry point. As always much of this is influenced by Bitcoin's price action. We can capitalize on a retracement for a worthwhile entry.
In the chart below I look at some of the key market structure breaks we've had that have led to this accumulation area.
We've recently broken market structure to the downside, swept down for a new swing low and then established a higher low. We could see a dive down now to the fib areas identified and the OB on the chart. I will be happy to add at these levels.
Have a good week