GALAUST trade ideas
GALA LONG 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/USDTGala Games was created by industry-leading game developers who came together to bring value back to the players with the help of Web3 and blockchain tech. Its founders saw major problems with the way today’s leading game publishers demand that players continually spend to keep enjoying a game they love. Scrapping the old model, Gala is creating a huge platform with AAA-level games (many free to play) designed to give players more freedom, control, and rewards than ever.
With dozens of Web3 games (including many well-known IPs) in various stages of development or already released, Gala Games is poised to become a Web3 gaming ecosystem large enough to compete with mainstream platforms.
GALA LONG 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.
#1 Gala. Bulls taking control? Can we see 50% + move on it?GALA/USDT on the daily chart has a great support of EMA 200 at the price of $0.0258, as long as price is above that EMA, we are looking at another move to the upside to levels of $0.045 - $0.050, maybe even above that, but I will be conservative on this one.
The overall picture on the weekly chart is not looking good, but I expect a pump on this coin.
Big leverage with a small margin used in it, let it ride for at least 1 week.
Stop loss can be used everything which is below EMA 200.
GALA buy setupIt has a structure that can move from FVG to SUPPLY.
We have two long SHADOWs at the bottom, which shows the support of buyers. In the range of FVG, you can look for buy/long positions.
Closing a daily candle below the FVG will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Of course, the targets are higher(GALA)📊Analysis by AhmadArz:
If you like, you can leave the targets open and move further according to your analysis.
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📉📈 GalaUSDT Price Analysis 🌐💹📅 Recent Movement:
Gala's price reversed off the $0.02 - $0.022 support area, coinciding with the 0.618 Fibonacci level between the low in October last year and the recent high.
📊 Key Areas:
Strong support expected in the $0.02 - $0.022 range.
Price reached the next resistance at $0.026.
🔄 Anticipated Movement:
Possibility of a retracement to test $0.02 - $0.022, offering a potential entry level.
Expectation influenced by favorable ETF news and BTC holding support.
🎯 Profit and Resistance Levels:
Potential profit-taking area (TP) at $0.035 - $0.038.
If surpassed, Gala could aim for the next resistance at $0.042 - $0.045.
⚠️ Risk Management:
Set a stop loss just below the $0.02 support level.
#GalaAnalysis #CryptoTrading #MarketWatch
Gala Short IdeaGala Short Idea
We broke the bullish trendline.
Macd historgram is in red and dropping
We also see a Double Top that means we will have clearly correction.
Daily 50 EMA acts as support now
If we close below 0.26 on Daily then we go short to the next liquidity zone.
TP1 0.24
TP2 0.22
TP4 0.20
TP5 0.16
SL Above recent swing high @ 0.33
Leverage 5-10x
GALA/USDT bullish momentum from support?👀🚀GALA Today Analysis💎 Paradisers, turn your attention to #GALAUSDT, where current market signals are pointing towards a bullish potential from its support zone.
💎 #GALA recently encountered resistance at the $0.03515 level, leading to a downward trend. However, if it can sustain momentum above its crucial support level at $0.02253, there's a promising chance for an upward movement to tackle the next major resistance zone.
💎 Given the crypto market's ever-changing landscape, having a flexible and agile strategy is key. If #GALA faces challenges in maintaining its ground at this pivotal support level, considering an alternative approach may be necessary.
💎 In such circumstances, our Plan B would be activated, aiming for a bullish trajectory from a lower but strategic support level at $0.01986. Monitoring this level is critical, as its breach might signal a shift towards a bearish trend in the #GALA market story.