GALA/USDT Break Descending channel, Bullish Momentum for Gala ??💎 GALA has certainly grabbed our attention. Alert on the horizon! GALA has successfully broken through the descending channel pattern, marked by a robust bullish candle, signaling a positive momentum for GALA.
💎 Additionally, GALA has managed to surpass a historically strong resistance level that had previously thwarted its advances multiple times. Now, having broken through both the descending channel and this resistance, GALA is in a retesting phase, gearing up for a potential climb towards the proximate supply zone at $0.01445.
💎 Should GALA manage to breach the $0.01445 supply zone, it could smoothly sail towards the more formidable supply area. However, if it faces rejection at this supply zone, it might descend to retest the previously broken resistance, which could now act as a support, gathering momentum for another upward push.
💎 On the flip side, if GALA exhibits a false breakout, meaning it fails to maintain its position and closes below the recently breached resistance, it could be indicative of a downward trajectory towards a critical support level.
Galausdtanalysis
GALA looks good for a bounceGALA broke out on stochastic on a daily timeframe. If we can close above the red trendline on Price action marked in the chart along with the trendline on stochastic it looks a great long to me for 1 to 3 RR.
The RR is very juicy, but I would wait for a daily closure today.
IS IT GOOD TIME TO BUY GALA COIN ?? GALA COIN ANALYSIS !!INDEX:GALA Coin Update !!
• Price Trying Now to Bounce back From its Last Support.
• Major indicators look over sold.
• i think you all now about conflict b/w ceo & co-founder of #Gala coin.
• invest only what you can afford to lose.
• If you already open postion in long around 0.0155$ then just hold your trade and move sl at entry price.
• If its break its last support then next possible support are clearly draw on a chart.
FOLLOW US FOR MORE ANALYSIS !!
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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GALXE short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Gala Another Breakout Galusdt
Descending Channel breakout & Successful retest already confirmed as expected
Formed symmetrical triangle pattern on daily time-frame incase of another succesful breakout expecting 60-100% Bullish move incoming days
Wait for confirmation, risk under your control and always do your own research
Galausdt Double Breakout Galausdt
Galausdt has been showing a symmetrical triangle pattern on the 4-hour time-frame, and the breakout of this pattern has been confirmed. This breakout can be seen as a bullish signal, indicating that the price may continue to rise in the short term.
Moreover, there is another symmetrical pattern forming on a higher time-frame, which may be indicative of a potential bullish move. If this pattern also breaks out, it could potentially trigger a 30-50% increase in the price of Galausdt.
However, as with any trading idea, there are no guarantees, and it's important to keep an eye on the price action and volume before making any trading decisions. It's also important to have a clear plan for risk management in case the market moves against the expected direction.
Re-Publish GALA Breaking outthis is the 2 day and published it a while back sort of an Adam and Eve pattern breakout , but look for at least a touch of top side of Gaussian Channel.
Watch the 5Day as this will lead into it,
Look at both 200 Averages over head, must likely pull back from there if hit, but looking really strong for the next few bar closes in the 2 day
Trade entry long GALA / USDT 🙌🔥Trade entry long GALA / USDT Big Correction and Big Boom 🙌
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GALAUSDT favoring long from next supportThe previous post talked about a long from this support but the price did not quite reach to our entry point and visited the weekly resistance without us being in the trade. However, the price got rejected from weekly resistance and has fallen back to the weekly support again. A long here marked on the chart as L1 is favorable.
GALA token forming bullish BAT for upto 25% pumpHi dear friends, hope you are well and welcome to the new trade setup of GALA token with US Dollar pair.
In previous trade setup, the priceline of GALA was moved slightly moved down than buying zone, however, recovered soon and pumped more than 26%.
Now this time on a daily time frame, GALA is about to complete the final leg of a bullish BAT pattern for another bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
GALA triangle pattern and more range 📖💡🚀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 🐋