Very Bullish Hello my friends, an analysis for the long term and for the holders on Gala currency.
As I specified in the daily chart, there an attractive target around 0.069$ for this currency, it was assumed that the price will be reached in the future.
Do not forget that this is my personal analysis and you should act according to your trading strategy and plan.
My method has no loss limit and you can visit the rest of my analysis for accuracy.
You can send a message to analyze the currency you want.
Good luck
GALAUSDT trade ideas
gala monthly formationGala, this is a long-term chart, the movements will be accordingly, the falling wedge coming from the left has broken, it normally comes to rtest, 30.75 can be withdrawn, then the rise continues, the first stop is 0.073, the next stop is 0.166
But this is a monthly chart, these movements do not happen overnight, each candle represents a month, it takes time.
GALA/USDT Bracing for a Bullish Reversal from Key Support?💎 Paradisers, prepare for an exciting turn in #GALAUSDT, as it's on the brink of a bullish leap from a pivotal support area.
💎 Diving into #GALA's recent actions, we're seeing signs of a potential bullish shift right after facing a hurdle at $0.03669. Now, with #GALA hovering around the strong support level of $0.02081, holding firm here could trigger an energetic bullish wave.
💎 Eager to seize every opportunity? If #GALA dips below $0.02081, we're looking to bounce back from an even lower support at $0.01690. Dropping further could lead us to rethink our bullish expectations.
GALA/USDT It required GALA break out this area or continue down!💎 GALA's recent market trends have been particularly dynamic. Presently, GALA is exhibiting a rebound from the demand zone, navigating its way back toward a key resistance level that it previously breached.
💎 For GALA to sustain its upward momentum, it is critical for it to break through this resistance barrier. Achieving this breakout could see GALA advancing toward the projected strong resistance area, signifying a bullish progression.
💎 Conversely, if GALA struggles to overcome this resistance level or fails to reclaim its position above it, the likelihood of it reverting to the demand zone increases. In this scenario, GALA may need to gather additional momentum for another attempt at an upward trajectory.
💎 The demand zone's significance cannot be overstated in this context. Should GALA fail to hold its ground in this zone, or if it breaks below it, a bearish shift in the market trend may be triggered. Under these circumstances, GALA's path could lead to a further descent, targeting the next critical support area.
🎮💹 GALA Trading Strategy - Spot Trades and Laddering! 🚀📊🔍 Strategy Overview:
Condition: Price bounced from the $0.035 - $0.0385 support area.
Entry Criteria: Ladder into the trade within the support zone.
Targets: Aim for the next resistance levels at $0.043 - $0.045 or $0.049 - $0.051.
Risk Management: Set stop-loss just below $0.035.
📢 Analysis: Considering BTC's overbought conditions, a cautious approach with spot trades and laddering can help manage risks effectively. Stay vigilant and adapt to market dynamics. 🌐🚀 #GALA #CryptoTrading #RiskManagement 💰📈
How long does the bull market last?📊 According to the buying pressure in the market and the upward movement of the price, if the range of 0.0430 units is broken and the price stabilizes above it, the price may increase to the range of 0.0550🎯 , and in the case of the strength of the range of 0.0850 🎯🎯units.
📊 Otherwise, the price may fall to the range of 0.0300 units.
GALA where is it heading to🤔?Gala is currently undergoing a reversal after forming a head and shoulders pattern. It is possible that this could be a retracement or a trap to entice traders to go long, only to ultimately decline. Nonetheless, I am maintaining a long position on Gala due to a favorable risk-reward ratio.
GALAUSDT 1WI'm bullish on #GALA again. The price is challenging the Horizontal line + Ichimoku cloud and Descending line on weekly chart, which is big timeframe. It is already broke the MA50 and moving above it. That is bullish sign for me. My targets are:
$0.03974
$0.04801
$0.05629
$0.06808
$0.08309