GALAUSDT trade ideas
$GALA ANALYSIS INDEX:GALA increased 70% from its bottom. In the 4H timeframe, INDEX:GALA is forming the head and shoulders pattern that would be the bearish signal. INDEX:GALA needs to have a correction before regaining the bullish momentum.
Maybe INDEX:GALA can fall down to the support level at $0.016. You can wait and set “BUY LIMIT” around this price.
GALA Scalp By HesamUNThey traders
look at the chart
GALA broke down major support zone around 0.01800
so we can take it as a potential resistance area in next touches
also GALA playing in the bearish parallel channel
im not telling u were bullish here, in my chart, its just a scalp trade and pullback to the broken lvl
what u think ?
share ur chart and leave a comment
GALA's DCA Zone (Gems Edition)Gala is a decentralized gaming ecosystem that runs on the blockchain. The Gala token, the native virtual currency of the Gala network, is used to power all transactions within the ecosystem. Gala has a wide range of games designed to appeal to all types of gamers. The games on the Gala platform are provably fair and transparent, and all transaction data is stored on the blockchain. The gala token is also used to power the Gala marketplace, which allows gamers to buy and sell in-game items. Being an ERC-20 token, Gala can be stored in any ERC-20 compatible wallet. The Gala network allows users to buy, sell, or trade assets using the Gala token. Gala offers its users unique digital assets — NFTs.
Do you also think GALA is a gem?!
GALA Is Ready For A Gala. Join It. **Fundamental**
Gala is a blockchain-based gaming platform that allows users to create, play, and own NFTs. The platform is powered by the GALA token, which is used to pay for gas fees, purchase in-game items, and stake for rewards. Gala has raised over $200 million in funding from investors such as Andreessen Horowitz and Coinbase Ventures.
**Recent News**
On October 24, 2023, Gala announced a partnership with Web3 game studio Ember Entertainment. The partnership will bring Ember's popular game Sky Mavis to the Gala platform. Sky Mavis is a blockchain-based strategy game where players can collect and battle NFTs.
On October 25, 2023, Gala announced the launch of its new Gala Games Hub. The Gala Games Hub is a one-stop shop for users to find and play Gala games. The Hub also includes features such as a leaderboard, chat system, and newsfeed.
**Disclaimer**
This is not financial advice. Please do your own research before investing in any cryptocurrency.
GALA Almost Turns Bullish +TargetsHello tradingview users and traders. And HOLDERs!
Over the few days we see a small positive turnover with altcoins (call it as you wish)
We have some reasons to catch some trend reversals here and there!
For GALA Games we can spot the fib targets on-chart. Nothing special but something ..
EDIT : There are to many signals to cover (and coins). If you need a second opinion you can also leave a comment bellow! Take Care
✴️ Gala Games Correction Extended (Name Your Altcoin)The correction has been extended for Gala Games but still bullish... Follow me.
We have two major indications telling us that soon things can change.
These are repeating patterns if you read all my trade ideas.
1) Bullish divergence with the MACD and RSI.
The RSI bottomed December 2022 and hit a long-term higher low in September.
The MACD bottomed March 2023 and has been producing higher lows.
GALAUSDT has been producing lower lows both short and long-term, and that's the bullish divergence.
2) The next signal comes in the form of trading volume, another repeating pattern across multiple charts/Altcoins.
Volume started to increase late 2022 before a major bullish wave.
Volume decreases massively as prices move down.
Volume start to increase strongly again in August 2023, alerting us that a new bullish wave is about to show up.
Potential targets will go much higher than anything shown in this chart.
Namaste.
GALA USDT 1 Day TF Bullish MomentumBINANCE:GALAUSDT
GALA USDT 1 Day TF Analysis. Bullish Momentum Shows
Examining the GALA USDT price action, we notice promising indications of bullish momentum. After a 10-day consolidation period,
Currently break the H.L that is also good sign for price move upward direction in coming days.
(RSI) is also showing a bullish divergence on the charts, further supporting the bullish case. Traders may consider long positions with a tight stop loss (SL) strategy.
Disclaimer: It's essential to emphasize that this information is not intended as financial advice. Conduct thorough research and due diligence before making any trading decisions. Financial markets carry inherent risks due to their volatility, and the provided information is for informational purposes only.
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.
What direction will the Gala currency go after the fall?After the drop that we saw, it has hit an important support level
The block order of this currency is at 0.01457 in 4 hours
The price of this currency's block is 0.021 in one day
The last time it hit this support was accompanied by a price jump
I expect to see an increase from this price
Gala Coin's Price Mirroring Bitcoin
In a future bull run, Bitcoin's rising prominence and mainstream adoption will likely drive greater interest in cryptocurrencies. Investors flocking to Bitcoin often explore altcoins like Gala Coin for diversification and higher returns. This increased demand can propel Gala's price, as it benefits from Bitcoin's momentum and broader market optimism.