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GALAUSDT

GALA/USDTAbout to Break out up ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
Long
by Crypto-IR
GalaFrom the chart; We have a Descending Triangle Formation, and we are trading very close to the edge of the triangle towards the base of the triangle. The higher timeframe trend is bearish, but only after it breaks the support at the $0.19 range before we can confirm a further downtrend on the 4Hr chart. Also if we factor in RSI, price is forming a Lower Highs and Indicator is Higher Highs, confirming the bearish pattern. Price could equally go in the other direction, but to confirm it's bullish it has to break the resistance at $0.27 and $0.35 region. Note: I am new to charting and open to corrections, thank you.
by Houstency
4
GALA.Usdt (Y22.P1.E1).When to shortHi All, Like most charts now, its difficult to find an entry. We have a 50/50 chance to go either way, just like BTC . If it breaks below, then its worth the trade and have a tight stop loss as it could be a fake out. Just depends how it does it. The structure is like a reversal but one can't be sure of anything when it comes to these formations. I did miss that move to the upside as I wasn't watching it when that hour was needed. All the best, S.SAri
FTX:GALAPERPShort
by ssari
GALAGALA is getting getting rejected hard by the GP/Resistance. It's trying to change trend, but still ways to go until Downtrend Channel's Upper limit. Looks like it's retracing, how far isn't clear yet, I'm watching what GALA will do at 0.23446. Theory #1 GALA bounces off 0.23446, it can go parabolic again and break through the GP. Theory #2 GALA breaks below 0.23446, it will travel towards 0.22445 - 0.22173 region for another strong bounce attempt. There's no strong change in Volume, so both Theories are in play. I'm watching GALA on an 8M chart as it approaches 0.23446 This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
by WhoIsWu
GALA/USDT 1D UPDATE 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 an #GALA/USDT MAKING THS triangle pattern and lying on very strong support. ENTRY- $0.215 - $0.206 TARGET- 100% SL- If it breaks and closes below the $0.203. This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
GALA at the apex of the bigger Symmetrical triangle Here's a quick look at GALA 12 hr chart. As we can see, the price has printed a bigger symmetrical triangle and we could see a break to either sides soon. Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle (Approx. 0.232$) with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above the symmetrical triangle (Approx. 0.232$) and take profits at the levels shown in the chart. Targets: 1. 0.29$ 2. 0.35$ 3. 0.4$ 4. 0.475$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto