galaThere is a small resistance in this part that can come a little lower to that discordant candle, and I drew two scenarios that can be imagined for it in the short term with two separate colors.
GALAUST trade ideas
GALA/USDT Could GALA continue the upward movement ???💎 GALA has been a focal point in the market, currently navigating a retesting phase. Notably, GALA has demonstrated a strong bounce from what was previously a key resistance level, now acting as support. This positive response indicates that if the retesting phase is indeed valid, GALA could potentially resume its upward trajectory, aiming for a significant resistance area.
💎 However, should GALA fail to maintain its rebound from the support level and instead break below the demand area, it could signal a shift in its market direction. The next critical level to watch would be the lower demand area.
💎 In this demand zone, a robust recovery is crucial for GALA. For a continuation of its upward journey, GALA needs to demonstrate a strong bounce and attempt to reclaim the resistance area. Failure to show a positive response in this zone and a further breakdown could indicate a shift back to a bearish trend for GALA. This development might lead to a descent towards a more substantial support area.
GALA is ready to riseGALA is still moving within the channel and also tested the support level. From here we could see a move towards the top of the channel. The key target in the short term is 0.039-0.040.
Otherwise, it would be wise to cancel the transaction if it goes below support again.
GALA/USDT | 1d 👀1. The coin broke out of a descending triangle pattern and effectively retested the breakout level, confirming it as new support.
2. A breakout is anticipated soon, providing an opportunity for entry based on this chart.
✅ Stay updated on market news and developments that may influence the price of GalaGames. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Coins #GalaGames #Trading #GALA
GALA ANALYSIS🔮 #GALA Analysis💰💰
🚀🚀 #GALA has given a perfect breakout of Falling Wedge Pattern. Right now #GALA is trading near its major resistance area and if it sustain and closes above $0.03500 then we will see a good pump in #GALA💲💲
🔖 Current Price: $0.03339
⏳ Target Price: $0.06987
⁉️ What to do?
- We can trade according to the chart and make some profits in #GALA. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#GALA #Cryptocurrency #Breakout #DYOR
Best zone for sell (GALA)❤️❤️Thanks for boosting 🚀 and supporting us!
📈I not strong break resistance with big body candle , best zone for sell.
📊 (-sell) : 0.0328
🔴 Stop Loss : 0.03622
🎯 Take Profit : 0.0262 - 0.0182
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Scissors ✂️ pattern. Gala is at the peak of it's upper trend line, it looks set for a breakout, we wait for a little spike from BTC, or it retraces and go to meet the lower trend line
$GALA Chart AnalysisGala Games INDEX:GALA has made a double bottom patterns and potentially makes a big move if they could break the resistance at 0,27 - 0,28.
As you can see, they also will make the golden cross in early December this year.
This is not financial advice, still do your own research.
Peace and keep healthy
NOTHING TO ADD GALA/USDTVery big oportunity to this coin, time frame 4h
we have time till end of novemner begin of december, if BTC doesn t crash this coin will follow this amazing falling wedge
Good trade to anyone
Possible Inverse Head and ShouldersInverse head and shoulders could be developing on GALA
Sit back and get extra stable coins ready to ape into GALA
should this play out. This is on the DAILY time frame so could
take a couple weeks to play out. Good luck and Merry XMAS!
Bullish WedgeFormation: A Falling Wedge is indeed a chart pattern characterized by converging trendlines that slope downward. It resembles a triangle slanting against the prevailing trend, with a series of lower highs and lower lows. The space between the two trendlines narrows as the pattern develops.
Reversal Signal: Despite the name "Falling Wedge," this pattern is typically considered a bullish reversal pattern. Traders interpret it as a potential signal that the prevailing downtrend may be losing strength, and an upward reversal may follow. The confirmation of the bullish reversal often occurs when the price breaks above the upper trendline.
Traders and analysts use various technical patterns, including the Falling Wedge, as part of their toolkit to make informed decisions about potential future price movements. However, it's crucial to remember that no pattern guarantees a specific outcome, and other factors should be considered in conjunction with technical analysis.
Be careful but watch🔼 This currency is near its resistance range, but there is still a possibility of growth up to this resistance range.
⚠️ On the other hand, a corner pattern is forming, which makes possible the possibility of a fall for this currency.
📉 Important support and resistance ranges are also identified in this analysis🟢 A long signal for risk-averse friends was presented in this analysis.
Gala Long Gala Long
Bounced of the liquidity zone and Broke out of the trendline
We have BoS in M15 and We are looking for a long position in H1.
TP1 0.03020
TP2 0.03060
TP3 0.03100
TP4 0.03160
SL 0.02812
Leverage 20x
Gala/Usdt SHORT Short term trade Gala/Usdt Short
Taking profit on the way and move stop loss to break even if stopped out
Galausdt ,, technical analyst It will not go up until it breaks the trend line, any upswing may be fake and deceive you, for now there is no upswing in Gala.
Gala update 2024Gala update 2024
this is the chart pattern of Gala coin for next year. if it touches its ATH in the bull run, it will be one of the top performing coin. so invest and DCA for next bull run
Long Gala/usdt 30min Long Gala/USDT 30 min. tp 1 for people with high leverage, and for the ones who scalping
max take profit at 34.32 swing trade
5x leverage
Gala will Rock the World may hit 0.2$ at least !this chart is based on Elliott wave theory and also according to DAW theory .. chart repeat it self again.
if you looking to the chart you will find that we are going to repeat the same move to go to 0.2$ at least to 0.26 $
Gala & CHZ will be the biggest gainer in this mini bull run
GALA/USDT Bullish Prospects supply turned to demand? 👀 🚀💎 Paradisers, turn your attention to #GALAUSDT as it's currently carving an intriguing path in the market. Demonstrating a shift where supply zones have turned into demand, it is lining up for a highly probable bullish movement.
💎 A look back at #Gala recent trajectory shows a pattern of breaking out of a descending channel and initiating an upward trend. Adding to this, it is also tracing an ascending channel trajectory, reinforcing the likelihood of continued upward movement. With sustained momentum, INDEX:GALA is aiming to challenge a major supply zone at $0.04907.
💎 However, given the often volatile nature of the crypto market, #GALA traders should stay prepared for various possibilities. If it struggles to maintain its bullish momentum and falls below the current demand level of $0.02741, a shift in market dynamics may occur. In such a scenario, traders might need to focus on a bullish resurgence from a lower demand level of $0.02465.
💎 Importantly, a descent below this lower demand level could signal potential difficulties in sustaining the bullish trend, necessitating a strategic reassessment. 🌴💰
GALAUSDT is BearishGALA is currently starting a bearish trend at 1H time frame, the fall out from the rising wedge fueled by bearish RSI divergence led to the formation of first lower high followed by a lower low. This could potentially be start of a bearish rally, targets are mentioned on the chart.
GALA/USDT Bullish momentum?👀 🚀GALA Today analysis💎Paradisers , GALAUSDT is currently showcasing an intriguing bullish pattern, trading within a demand zone, which signals a strong probability of an upward movement.
💎 Historically, GALA has demonstrated a pattern of breaking above its descending trendline, followed by a successful retest and an ensuing upward trajectory. Presently, as it operates within a demand zone, the likelihood of a bullish trend is quite pronounced. This is further reinforced by the transition of supply into demand, coupled with a sweep below liquidity levels.
💎 The initial target in this bullish scenario is to overcome the resistance level at .2881. Should GALAUSDT successfully breach this barrier, it's poised to challenge a more formidable resistance level.
💎 Conversely, if it struggles to sustain its upward momentum, a strategic bullish move from the .1692 demand level might be anticipated. However, a break below this level could lead to a significant bearish downturn.
