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Galagames

Keep an eye on this level!It's time to keep a close watch on GALA, which is gearing up for a big move! If you're looking to trade GALA at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.05955$ and take profits at the levels shown in the chart. Targets: 1. 0.062$ 2. 0.0655$ 3. 0.068$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
5
🌟 Gala's Cryptic Dance: Unveiling Hidden Paths! 🌀🎮 Gala, the gaming-focused blockchain platform, faces resistance at 7 cents, prompting a reassessment of its near-term outlook. 🛑 This analysis explores potential support and bounce levels on the 4-hour timeframe, guiding traders through key price dynamics. Introduction: Gala's recent rejection at 7 cents signals a temporary pause in its upward momentum. 📉 Traders are now eyeing crucial support and bounce levels to navigate Gala's price action effectively. Resistance at 7 Cents: The rejection at 7 cents suggests strong selling pressure, hindering Gala's ascent. 📉 Sellers aiming to secure profits or establish short positions likely contributed to this pullback. Support Target at 0.04956: Attention shifts to a critical support target at 0.04956, where buying interest may converge. 🎯 Gala must find support at this level to resume its upward trajectory effectively. Potential Bounce at 0.05920: Traders should monitor the possibility of a bounce at 0.05920, offering a temporary support zone. ⏫ A bounce here could reignite bullish momentum, setting the stage for a retest of resistance levels. Conclusion: Gala's price movements hinge on navigating key support and resistance levels effectively. 🔄 With a support target at 0.04956 and a potential bounce at 0.05920, traders can strategically plan their entries and exits amidst changing market conditions. 📈 By remaining adaptable and responsive, traders can seize opportunities in Gala's dynamic price action. 🚀
by Shibunacci
GALA Primed For More Upside In Crypto - How To Buy The DipsThis current dip on GALA will be the last best buying opportunity for it's current trend. Crypto is famous for running flat corrections that make higher highs and higher lows. In fact, it's the most popular type of correction in all bull markets. These types of corrections leave traders chasing after price as they are uninformed on how to take advantage of them. In this video, I share how to buy the dips on GALA starting with this one. I share two trade setups with two different strategies and clear step by step conditions that need to get met in order to execute this trade. Let me know in the comments if you agree or disagree with the upside I'm projecting. Do you think these trades will work out? Follow if you want to make 2024 your most transformational year in the crypto markets. I'll take you by the hand in these Tradingview updates. I've been trading in crypto full time for over 6 years since 2017 and I've thrived through every bull market, outperforming bitcoin's performance every time. This bull market will be the same. But.. It's going to take strategic navigation of shifting between crypto's and some diversification. I leverage expert research companies to feed me the next best projects coming out and then I overlay my technical system to the charts to time my entries, manage my risk, and maximize my profits. Join me in making 2024 another life changing year!
Long
by NewWave_Traders
1
GALA Games - All Time High sooner than we think by CryptoVatsikHi everyone, GALA games will hit an ATH sooner than we think, imho. As the bullrun heats up, altcoins will fly faster than we can responsibly manage. With that said, in my opinion GALA has not yet reached its expansion zone, yet. GALA has recently flipped the green baseline area, which is bullish. I'd expect a reasonable, healthy, and logical correction toward green in the coming weeks. We are currently trading in active HTF resistance (red) and I don't expect it will be easily flipped, perhaps I am wrong! We should at least get some consolidation over the coming week(s) imo. Either way, once that resistance is flipped, I believe we will see significant expansion to 0.20c and above. This is a long setup, yes, however with expected short term downside, so please do not immediately long GALA based on this post and analyze carefully. Cheers! Vatsik
Long
by cryptovatsik
2
GALA price sets the pace and direction for the "gaming industry"GALA is the "hardest" gaming coin that has now woken up and is showing growth. "The heaviest" because its capitalization is now $2.75 billion and if you look at the GALAUSDT price chart "globally", these are still lows. Or perhaps it is a signal from "MM" that it has enough capital to back such "difficult" projects and imagine what can happen to the price of gaming projects with a capitalization 10-20 times lower?) What do you think about this? Write in the comments. ATH - GALA is still very far away, and the capitalization of the project there can reach $30 billion, which is already a considerable amount. So for now, let's look at more mundane targets for GALAUSDT. Right now, buyers have stopped at the level where the last portion of the shorts' stops is probably hidden - $0.09. Breaking these stops could easily push the GALAUSD price to at least $0.10-0.115. And then, either hyper-acceleration to $0.24-0.25 or the start of a correction. And frankly, the second option is more to my liking.)
by P_S_trade
14
GALA is pressing for a break. 0.06 next?Like most Altcoins, BINANCE:GALAUSDT also broke above a falling wedge's resistance in Oct-Nov of last year. It experienced an initial leg up, followed by roughly a 300% increase, and then underwent a normal correction afterward. The price halted its decline from the recent high at the 61% Fibonacci level and has begun to rise again, possibly indicating the end of the correction phase. Currently, the price is encountering local resistance, and in the event of a breakout, we can anticipate continuation. This rise could lead to an increase to around 0.06, a crucial resistance level. Despite my reservations about the project's tokenomics, I am technically bullish and will allocate a very small portion of my portfolio to this trade.
Long
by Mihai_Iacob
4
GALA Games' Festive Surge: GALAUSDT LONGMy TA suggests KUCOIN:GALAUSDT , is presently breaking out for a potentially massive festive rally as we head towards Christmas. This bullish outlook stems from the formation of two solid patterns that I have been seeing often in the Crypto markets and which have almost always preceded upward price movements. First, a cup and handle formation, with the cup fully printed on the daily time frame: This cup has been forming over half a dozen months showing diligent accumulation by market participants. The second pattern which we can see is a falling wedge pattern which is on the 30-minute time frame and may prove to make up part of the cup's handle. We can see in the above chart snapshot how the price broke out of the falling wedge pattern to the upside and quickly retested the most recent demand zone for what seems to be the last time. At the time of publishing, an aggressive entry which would have been between 0.02923 and 0.02965 is already behind us. A more relaxed entry, can still be taken at current price 0.0343 with an initial profit target as shown below. This Festive Surge comes just as the Crypto market leader BINANCE:BTCUSD yesterday successfully broke and managed to close the day above $44k to put BTC's gains at over 160% year to date! Thanks for dropping by, hope you enjoyed this. I would love to hear your thoughts on this in the comments below. Happy Trading!
Long
by theblueinvestor
1
🎮 GALA: Navigating the Reversal Play 🚀In the ever-evolving world of crypto, GALA has caught the attention of traders with its intriguing price action. Despite a decline since 2021, the coin has shown resilience, leaving substantial liquidity overhead. The recent price move, executing a drop beneath the global pivot level and forming a double bottom, signals a robust reversal pattern. Buckle up as GALA gears up for a potential upswing. Chart Analysis: GALA's Double Bottom Drama GALA's chart reveals a compelling narrative — a sustained drop since 2021 followed by a decisive move below the global pivot level. However, what captured the attention of seasoned traders is the formation of a double bottom pattern beneath this critical level. This reversal pattern is often a precursor to a bullish turnaround, indicating a shift in market sentiment. Technical Indicators: Reversal Signals in GALA Key technical indicators, including the strong bounce off the double bottom and the historical liquidity left above, are aligning to create a potential reversal scenario. The double bottom acts as a psychological support level, and combined with the retained liquidity, it sets the stage for a bullish resurgence. Trading Strategy: Riding the GALA Reversal Wave For traders eyeing GALA, the double bottom presents an opportunity for strategic entries. Monitoring the reaction around the historical liquidity zone and gauging the strength of the reversal will be crucial. A well-planned trading strategy considering these factors could position traders favorably for the potential bullish wave. Conclusion: GALA's Play for Redemption As GALA maneuvers through its recent price action, the formation of a double bottom speaks volumes about the coin's resilience. The retained liquidity above the global pivot level adds another layer of intrigue, hinting at a potential redemption play for GALA. Traders and enthusiasts alike are now watching closely as GALA readies itself for a potential reversal. 🚀 GALA Analysis | 📉 Reversal Patterns | 💡 Trading Insights ❗See related ideas below❗ Are you gearing up for the GALA reversal play? Share your insights 💚🌐💚
Long
by Yaroslav_Krasko
2