The GALA price correction,& a long trade in the resistance zoneHi traders,
I recommend waiting for a price correction and chart rebound to the $0.01990 range before entering a buy trade. This precaution is advisable because the current price might be undergoing a correction and could continue its downward movement before resuming its upward trend. Additionally, the chart's return to the $0.02005 range could serve as a signal that the bullish trend is in the process of returning.
GALAUSDT - GALA vs USDT
GALAUSDT
GALA/USDT what next? 👀 GALA Today AnalysisParadisers, let's delve deeper into GALAUSDT's current trajectory.It's charting an impressive path, firmly holding its support and primed for a bullish surge.👀
💎 While many assets waver under market pressures, GALA stands out. Its robust recovery is a testament to its strength, and the increasing volume further accentuates this bullish narrative. It's not just about the numbers it's about the underlying momentum and sentiment.
💎 Another key factor: if the price consistently stays above the EMA 21, expect a robust bullish trajectory. However, if it dips below, brace for a potential correction.
💎 In essence, GALAUSDT is at a crucial juncture. Its next moves will be instrumental in shaping its short-term trajectory.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
GALA triangle pattern range and gain 🚀Hello 🐋
Based on the chart, the price is in the parallel channel and close to the channel support area, and triangle pattern ✔️
if
the price doesn't break the support zone to the downside, we will see more gain 💣🚀
otherwise
we can see more correction to lower support level ❌🧨
if
breakout of the upper resistance zone be completed, we can see more pump to the upside ✔️🚀
👌 Notice: pay attention to the price on shortcut chart (located below the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
GALA/USDT Technical Analysis ( 21x Potential in Next Bull Run )Technical Analysis for GALA/USDT: A Potential Opportunity for Long-term Growth
In this technical analysis, we will be examining the price action of GALA/USDT, currently trading at $0.02347. The analysis will focus on a 3-day chart, identifying a Bull Flag pattern and potential support and entry zones for long-term investors.
Chart Analysis:
Bull Flag Formation: GALA is currently forming a Bull Flag pattern on the 3-day chart. This pattern indicates a short-term consolidation after a previous bullish move, suggesting that a potential upward breakout might occur in the future.
Support and Entry Zones: For long-term investors looking to accumulate GALA, the ideal entry or support zone lies between $0.015 and $0.019. This range provides a favorable risk-reward ratio for those looking to invest in the project.
Breakout Level: The breakout level for GALA stands at $0.029. A decisive move above this level could trigger a significant price surge, potentially leading to a short-term target of $0.1, representing an approximate 250% gain from the breakout price and 500% from the suggested entry zone.
Long-term Targets:
For patient investors with a long-term perspective, GALA presents an attractive opportunity with several potential target levels:
TP1: $0.07
TP2: $0.128
TP3: $0.183
TP4: $0.270
TP5: $0.41
If GALA reaches TP5, long-term holders would have gained an impressive 21x return from the suggested entry zone.
Market Sentiment:
The long-term downtrend for GALA appears to have been broken, and the current price level may serve as a retest opportunity. Investors should keep in mind that significant price dips could present excellent accumulation opportunities for those looking to hold GALA for the long haul.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. The author is not a financial advisor. Readers should exercise their own discretion and seek professional financial advice before making any investment decisions.
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GALA/USDT gearing up for significant move👀🚀GALA Today Analysis💎Gala USDT is gearing up for a significant move. We've noticed that it's replicating a familiar descending channel pattern. Maintaining strong support will be a key indicator of its bullish momentum.
💎Another observation is that it's trading above the mitigated Order Block (OB). This suggests that the market is preparing for a major bullish surge after the fulfillment of these orders.
💎Additionally, Gala USDT is trading in a high-demand zone, which further supports the potential for a bullish move.
💎We might also witness a retest of the channel support before it takes off upwards.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!
GALAUSDT without updating local lows goes higherHello everyone. I really liked the schedule at GALAUSDT. The coin has been trending well for more than a month and is building a beautiful foundation for itself to go higher, and also does not update its local lows. The price has carefully approached the level of 0.0273 and in the near future we should see a hike to the next resistance level of 0.0317.
Sand OutlookI expect a bounce from the current price to two mentioned targets. SAND has been recently added to allowed trading crypto in Hong Kong which pumped the price. Afterwards, it was target by SEC and labelled as a security and price dumped. I am following this token for years now. It is a mid-risky token; therefore, you can take the huge plunge from $0.61 to $0.33 by SEC as a buy opportunity.
GALA price is on the verge before a big increase The GALA price is probably tamping the "bottom" now.
If we look at the full trading history of GALAUSDT and apply Elliott Wave Analysis, we get the following:
(1) a sharp wave of growth occurred in early 2023 and brought the GALA price out of a prolonged downward trend.
(2) a protracted six-month correctional wave in the A-B-C format probably ended in June 2023
(3) the 3rd wave, which is considered to be the largest/longest, is probably just emerging.
The GALAUSD price has a tough upward path ahead.
$0.07 is a strong mirror level, above which a dense liquidity zone begins.
We currently assume that the GALAUSDT price will be able to rise to $0.11-0.13 in a few months (x5-x6 from the current price). However, depending on the growth pattern, pace, and other inputs, the targets from above may be recalculated. In this case, we will update the GALAUSDT idea.
So, please like, comment, and subscribe if you are interested, and we will provide you with relevant thoughts)
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GALA - Bottom Is in! 3000% Gains To Be Made!GALA looks like a very simple Impulse, correction, impulse.
We've recently broken out of the year long correction with a nice impulse.
We are now in an ABC correction which appears to be held within a parallel descending channel. We've seen both waves A and B and we are currently in wave C.
See chart update for lower timeframe analysis.
Trade Idea:
- For a safe entry, enter on break of the channel
- For a risk entry, enter on break of lower timeframe trendline
- Stops below the bottom indicated
- Targets: 0.1, 0.2, 0.7, HODL the rest
Goodluck and as always, trade safe!
GALA Games: Potential AB=CD BAMM Bullishly Diverging at SupportGALA looks like it could be setting up for a double bottom at a local support it's created for itself. During this process it's formed some Bullish Divergence and has given us a potential Bullish Dragon Trend line; if it breaks out I would think this would be the start of an AB=CD movement up to the 1.414 Extension of 7.8 cents
GALA📊 #GALAUSDT
⏱ TIME: 1D
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
📍The initial buying limit: 0.024 $
📌TP1: 0.04 $
📌TP2: 0.06 $
📌TP3: 0.145 $
📌TP4: 0.4 $
GALA/USDTGALA/USDT
The currency has a negative sign and is not valid for entry, targeting 0.022
I know people who spoke to me from the most famous people entering from 0.055 and we told them to sell at 0.043 because it will not return to this price
Then I tell you, we will see you at 0.022 🌺👌🏻
@HsaNCharT
DXY on monthly 20ma resistanceThe dollar is maintaining its value above the "Magic blue line" (377ma offset 233) but now its finding itself on the 20 Month average and I see this as the beginning of a move down to 93$.
I had a previous analysis from higher where it was on a major weekly average and it is playing out nicely so far.
I believe the bearish move resumes here and I am actuvely buying crypto which is showing great bottom potential (check my other charts for those ideas)
Dump dollar, buy gold, buy crypto. That's my sentiment right now.
Good luck with your trades!