GALAUSDTPERP
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 LONG SIGNSL H1Hello dear traders
In the Gala currency, we can enter a long position in the 1-hour time frame on the specified area
Loss limit, profit limit and entry point are specified for you in the form of a position
It should be noted that in the above time frames, this currency is suspicious of the downward WYKOF theory and we must be careful about this movement.
Thank you for following me.
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 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.
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.
GALAUSDT long to weekly and monthly resistanceLet us try this long if we get the entry for this long trade before the price hits the weekly and monthly resistance. We long the 4h support which is also inside the weekly support zone and target till weekly+monthly resistance zone just above. I think there is one more push to that resistance left before a sizable pullback.
GALAUSDT likely heading towards weekly support around 0.02525The price has broken previous weekly support (marked as PWS on the chart). After breaking that support it retested the support a couple of times but got rejected. Now price is trading under that broken support zone is likely to head towards the next daily and weekly support zone (marked as DS+WS1 on the chart).
GALA/USD 4h Chart #Gala - is currently retrace after experiencing a strong run of 35%.
This presents two key points of buying opportunity for investors to rebalance their portfolios .
The first point of buy is ideal for those who believe the trend will continue and the run will persist. However, if the asset droops at the first point, the second point of buy presents a great opportunity as it is the extreme point where the asset is expected to have a reaction.
Overall, this analysis is based on the perspective of an investor looking to make strategic buying decisions."
GALAUSDT - 200+% growth. It's time to make a correction-Grow by 200 percent
- Flat-bottomed triangle.
- Two weeks of growth.
- Resistance in the form of a one-week high
-Daily candles are already slowing
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
your friends.
When will the GALA GAMES come to life ?It's been almost two months since our previous GALAUSDT idea was published
And as we can see, working out the red scenario from the idea above is nearing completion.
The GALA price is now in the liquidity zone of $0.035-0.040, where you can try to buy longs. Of course, if you believe in the project and in the further dynamic development of the gaming sector in the cryptocurrency market.
As for the goals from above, in the case of growth, the first buyers will be met by the same liquidity zone of $0.07-0.08, which has not let the price go higher twice already.
The global target for growth is around $0.18
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GALAUSDT 1D Where you can safely buy GALA to earn afterBefore you are a global chart of the GALAUSDT trading pair
The downward trend has been going on for almost 9 months.
The chart shows the first signs of a possible break and change in the trend of the GALA price movement to up.
However, the truth will be that there is no aggressive confirmation that in the future there will only be an increase in the GALAUSD price. The GALAUSDT price is still moving in a falling channel and rather weakly approaches the liquidity zone of $0.070-0.080
Based on what we saw on the GALAUSDT chart, we made the following conclusions for ourselves:
+ a confident long after the GALA price can break through the channel upwards and secure itself above the liquidity zone of $0.070-0.080. The entry will be +/- the same price as it is now, but on the risk side, the entry point will be much more certain.
A similar situation was earlier on the MATICUSDT chart
+ if the growth in the cryptocurrency market is ending now, and then a correction begins, and maybe an update of the minimum, then nothing will be able to prevent the GALAUSDT price from falling to $0.035. If you believe in the prospects of this project, you can place a pending limit order at $0.035 and wait for happiness in the form of filling this purchase order)
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
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