galaThere is a small resistance in this part that can come a little lower to that discordant candle, and I drew two scenarios that can be imagined for it in the short term with two separate colors.
GALAUSDT
GALA/USDT Could GALA continue the upward movement ???💎 GALA has been a focal point in the market, currently navigating a retesting phase. Notably, GALA has demonstrated a strong bounce from what was previously a key resistance level, now acting as support. This positive response indicates that if the retesting phase is indeed valid, GALA could potentially resume its upward trajectory, aiming for a significant resistance area.
💎 However, should GALA fail to maintain its rebound from the support level and instead break below the demand area, it could signal a shift in its market direction. The next critical level to watch would be the lower demand area.
💎 In this demand zone, a robust recovery is crucial for GALA. For a continuation of its upward journey, GALA needs to demonstrate a strong bounce and attempt to reclaim the resistance area. Failure to show a positive response in this zone and a further breakdown could indicate a shift back to a bearish trend for GALA. This development might lead to a descent towards a more substantial support area.
GALA is ready to riseGALA is still moving within the channel and also tested the support level. From here we could see a move towards the top of the channel. The key target in the short term is 0.039-0.040.
Otherwise, it would be wise to cancel the transaction if it goes below support again.
GALA ANALYSIS🔮 #GALA Analysis💰💰
🚀🚀 #GALA has given a perfect breakout of Falling Wedge Pattern. Right now #GALA is trading near its major resistance area and if it sustain and closes above $0.03500 then we will see a good pump in #GALA💲💲
🔖 Current Price: $0.03339
⏳ Target Price: $0.06987
⁉️ What to do?
- We can trade according to the chart and make some profits in #GALA. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#GALA #Cryptocurrency #Breakout #DYOR
Best zone for sell (GALA)❤️❤️Thanks for boosting 🚀 and supporting us!
📈I not strong break resistance with big body candle , best zone for sell.
📊 (-sell) : 0.0328
🔴 Stop Loss : 0.03622
🎯 Take Profit : 0.0262 - 0.0182
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Scissors ✂️ pattern. Gala is at the peak of it's upper trend line, it looks set for a breakout, we wait for a little spike from BTC, or it retraces and go to meet the lower trend line
$GALA Chart AnalysisGala Games INDEX:GALA has made a double bottom patterns and potentially makes a big move if they could break the resistance at 0,27 - 0,28.
As you can see, they also will make the golden cross in early December this year.
This is not financial advice, still do your own research.
Peace and keep healthy
Be careful but watch🔼 This currency is near its resistance range, but there is still a possibility of growth up to this resistance range.
⚠️ On the other hand, a corner pattern is forming, which makes possible the possibility of a fall for this currency.
📉 Important support and resistance ranges are also identified in this analysis🟢 A long signal for risk-averse friends was presented in this analysis.
Galausdt ,, technical analyst It will not go up until it breaks the trend line, any upswing may be fake and deceive you, for now there is no upswing in Gala.
GALA/USDT Bullish Prospects supply turned to demand? 👀 🚀💎 Paradisers, turn your attention to #GALAUSDT as it's currently carving an intriguing path in the market. Demonstrating a shift where supply zones have turned into demand, it is lining up for a highly probable bullish movement.
💎 A look back at #Gala recent trajectory shows a pattern of breaking out of a descending channel and initiating an upward trend. Adding to this, it is also tracing an ascending channel trajectory, reinforcing the likelihood of continued upward movement. With sustained momentum, INDEX:GALA is aiming to challenge a major supply zone at $0.04907.
💎 However, given the often volatile nature of the crypto market, #GALA traders should stay prepared for various possibilities. If it struggles to maintain its bullish momentum and falls below the current demand level of $0.02741, a shift in market dynamics may occur. In such a scenario, traders might need to focus on a bullish resurgence from a lower demand level of $0.02465.
💎 Importantly, a descent below this lower demand level could signal potential difficulties in sustaining the bullish trend, necessitating a strategic reassessment. 🌴💰
GALA/USDT Bullish momentum?👀 🚀GALA Today analysis💎Paradisers , GALAUSDT is currently showcasing an intriguing bullish pattern, trading within a demand zone, which signals a strong probability of an upward movement.
💎 Historically, GALA has demonstrated a pattern of breaking above its descending trendline, followed by a successful retest and an ensuing upward trajectory. Presently, as it operates within a demand zone, the likelihood of a bullish trend is quite pronounced. This is further reinforced by the transition of supply into demand, coupled with a sweep below liquidity levels.
💎 The initial target in this bullish scenario is to overcome the resistance level at .2881. Should GALAUSDT successfully breach this barrier, it's poised to challenge a more formidable resistance level.
💎 Conversely, if it struggles to sustain its upward momentum, a strategic bullish move from the .1692 demand level might be anticipated. However, a break below this level could lead to a significant bearish downturn.
galaThere is a small resistance in this box and there is a support in the specified lines. If it is supported and rejects the box, you can see the above numbers for it, but if you want to make a further correction, it should be checked again.
#GALA/USDT#GALA
The price is trading in a large descending triangle, and the price has been affected by news on the pair in recent months.
With a strong support area, my price is 0.01300.
The price has rebounded from it, breaching the downtrend from which the price has always rebounded more than once.
The price is currently 0.01800. I expect it to continue rising to 0.04700 levels
to achieve those levels.
All this is backed by a powerful volume.
GALA/USDT It required break the resistance or rejected down ??💎 GALA has become a notable focus in the market, though it's facing challenges in surpassing the resistance area. Historical patterns show that each time GALA approaches this resistance, it faces significant rejections.
💎 If GALA manages to break through this resistance, there's a high probability of a substantial upward movement, aiming for our next targeted milestone.
💎 However, if GALA fails to breach this resistance and instead consolidates at the supply level, there's a risk of it facing another rejection and retreating towards the bullish support trendline. This trendline is pivotal; a loss here could send GALA down to the demand area.
💎 In the demand area, it's crucial for GALA to demonstrate a strong bounce back and attempt another breakout of the resistance. A lack of positive response in this zone could lead GALA to break down further, potentially descending towards a key support area.
GALA/USDT In the crucial area. Break the resistance or rejected!💎 GALA has undeniably captured significant attention in the market. Currently, facing resistance poses the necessity of breaking out to sustain the upward movement. If GALA successfully breaks out of the resistance, there's the probability for significant upward movement, reaching our target area.
💎 However, if GALA fails to break the resistance in the near future, there is a possibility that GALA will retreat and retest the demand area.
💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, GALA fails to maintain its position and undergoes a breakdown. In such a case, GALA may revert to a bearish movement, potentially retracing to the strong demand area.
GALA Games' Festive Surge: GALAUSDT LONGMy TA suggests KUCOIN:GALAUSDT , is presently breaking out for a potentially massive festive rally as we head towards Christmas.
This bullish outlook stems from the formation of two solid patterns that I have been seeing often in the Crypto markets and which have almost always preceded upward price movements. First, a cup and handle formation, with the cup fully printed on the daily time frame:
This cup has been forming over half a dozen months showing diligent accumulation by market participants. The second pattern which we can see is a falling wedge pattern which is on the 30-minute time frame and may prove to make up part of the cup's handle.
We can see in the above chart snapshot how the price broke out of the falling wedge pattern to the upside and quickly retested the most recent demand zone for what seems to be the last time.
At the time of publishing, an aggressive entry which would have been between 0.02923 and 0.02965 is already behind us. A more relaxed entry, can still be taken at current price 0.0343 with an initial profit target as shown below.
This Festive Surge comes just as the Crypto market leader BINANCE:BTCUSD yesterday successfully broke and managed to close the day above $44k to put BTC's gains at over 160% year to date!
Thanks for dropping by, hope you enjoyed this. I would love to hear your thoughts on this in the comments below. Happy Trading!
GALA Long IdeaGALA is currently getting into 3 day APEX. 3 day white 100 MA needs to hold (3 day close under white 100 could be invalidation depending on how you want to play this)
Entry: .02853 - .02760
S/L or second buy around-.02616
Ultimate stoploss for idea - .02198
**Not financial advice just sharing my ideas, happy trading!
🟢GALA 60% Profit🟢The price of Galla currency, after breaking the mid-channel line and receiving a pullback, is ready for an upward movement towards the intersection of supply and the channel ceiling.
If the price stabilizes below the demand, the analysis has failed.
GALAUSDTBINANCE:GALAUSDT Long idea
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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GALA | Purchase zone 0.027I predict a new entry point for the GALA coin. I am waiting for a rollback and placing a limit order in the range specified in the forecast.
GALAUSDT UpdateIn my previous post about BINANCE:GALAUSDT , I predicted a 30% pump. I have attached that post here.
However, you can see that the price has reacted to the resistance and has not yet been able to break through it. However, GALA is still bullish for me, and there are two scenarios that could happen in this situation. This currency is waiting for the next move of BINANCE:BTCUSDT and will start its next move with Bitcoin, which can be bullish or bearish. Or, the next upward move will begin from the points I marked on the chart. Please note that there have not been such upward movements in the crypto market for several years, and many people think this is the end of the bullish market. However, anything is possible in a volatile market.
🌟🔍GALA's Remarkable Recovery 🚀💡
💹 GALA's Impressive Price Increase: Since the 98% drop from 2021, GALA has remarkably rebounded, gaining nearly 120% from its support at $0.01271.
🤝 Team Issues and Strong Comeback: After some internal issues among the GALA team, including disagreements between the CEO and founders/co-founders, the coin has made a notable comeback.
🔒 Current Resistance Challenge: GALA is currently facing a significant resistance at $0.02816.
📊 Rising Wedge in Daily Timeframe: The coin is in a rising wedge pattern, which is typically risky for continuation. If this pattern breaks down, there's a potential for a 33% drop to $0.01742, though this scenario seems less likely.
👀 Watching Bitcoin's Move: The next steps depend on Bitcoin’s reaction to its support at $36,358. A break below this level could lead to a decline to $32,800.
📉 Potential Impact on GALA: If Bitcoin loses its support, GALA may break its wedge pattern and experience a sharp decline.
🚀 Bullish Scenario for GALA: If Bitcoin holds its support and moves towards its high, and simultaneously Bitcoin dominance fluctuates or drops, GALA could be one of the best coins to buy.
🛒 Buying Strategy: Consider buying GALA after it breaks the $0.02816 resistance, especially for long-term holdings. Don't use a tight stop loss for long-term trades. For a safer entry, consider entering after it surpasses $0.03135.
👁️ Volume Importance: Pay attention to the volume to confirm the trend.
🔑 Related Categories:
Pattern Analysis
Resistance and Support
Volume Analysis
📣 What’s your take on GALA's future? Share your insights! 🌐💬 #GALAToken #CryptoInsights #TradeCityPro
📚 Remember: Cryptocurrency markets are volatile. Always conduct thorough research before investing! 📈🔎
