📊The whales trapped the traders on GALA! Should we open a long❓Hi friedns! I expect the pullback after such massive drop. Of course here we can find the nice entry point to open the longs and in this idea I'll explain the preconditions to open a long.
✅First of all look at the big orders which the whales placed to buy more crypto below the local lows of $0.39. It will be the main precondition to open a long.
✅The volume growth confirm you that someone biught a lot of GALA at the bottom. Look at the volume indicator. Do you see how many times the volume growth at the bottom❓ Now i expect the same!
✅The squeeze to the trendline help you to understand the willingness of the whales to push the price higher.
🚩 Bullish BTC helps the GALA at to reach at least it`s firts target.
📊 The targets for the long are the biggest value areas:
1️⃣ $0.51-0.55
2️⃣ $0.59-0.61
✅ Also pay attention to the first value area which close to the trendline. There are pottential reversal area where you can book some profit or close you trade and try to find the best entry to short.
🔥Traders, is this idea was usefull for you? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Galagames
GALA - Supply vs Demand, who wins?GALA has been relatively weak here when others are showing strength, but that is fine imo because not everyone can show up on time. I've taken a fractal from something we saw before not long ago, that is exactly how I want to see this playing out for a long position.
Retest back down to top of demand zone with a strong punch up, many coins looking very similar to this at the moment. The fractal is stretched to display the overall structure I want to see, dipped into demand with a break in MS and bullish retest, ultimately followed by a strong move up.
Would place SL below green area or the low of $0.046 level (local low).
Ideally demand wins this battle over minor supply above, but only time will tell.
V
GALA return to the whales area🔥 Time to open long ❓Hi friends! The GALA price returns to the area where the biggest volume were traded. I suppose that whales buy their GALA here at the bottom. Now you can see how the price return to this area agin and it`s a good chance to open a long if this preconditions will happen:
🔥 false breakout of the $0.046 key level or short squeeze below the local lows to activate the sl of small traders
🔥 volume growth which shows the additional purchase by the big players and that the small one sell their coins
🔥 squeeze to the trendline
🔥 bullish BTC. All altcoins follow BTC, so if it`s start to grow, the GALA reach the targets much faster.
🚩 Now the price of GALA is inside the $0.052-0.062 huge value area which is support fot the price.
📊 The targets:
1. $0.073 - the key level
2. $0.08-0.084 - the closest value area which become the resistance for the price
✅Also i will track the huge whales orders wall to BUY using DOM and Footprint. This tools show the exact price where the big players set their BUY limits and I open the long with short sl and best risk to reward ratio (1:7-20 or more). Stay tuned!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
📊GALA huge accumulation leads to PUMP❗ Open long in time.Hi friends! Gala make +70% from it`s bottom and overperform 50% of other altcoins. Which mean that big and small players still pay attention to this Game-Fi project.
This is a chance for us to make a huge profit but before we should open a long with the best RR.
GALA didn`t even make a pullback and just PUMP. It`s confirms high interest to this alts by all the crypto traders. Check how the GALA reach my targets in the previous idea!
Gala Games is still in the big accumulation range and it`s nice for upcoming growth.
📊 Preconditions to open a long now:
🔥return to the $0.58-0.62 value area
🔥huge whales buy limits at DOM and Footprint. We can open our longs with the big players and set short stop loss to get highest RR
🔥volume growth which also confirms the big players pressence
🔥squeeze to the trendline
🔥bullish BTC sentiment which push the GALA up
I think the Game-Fi such GALA, GMT, MANA etc still will have grea attention by retail traders and pump by hundreds %.
🚩The targets:
1. $0.79-0.84 - the closest value area
2. $0.103 - the key level
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
GALAUSDT 1D Where you can safely buy GALA to earn afterBefore you are a global chart of the GALAUSDT trading pair
The downward trend has been going on for almost 9 months.
The chart shows the first signs of a possible break and change in the trend of the GALA price movement to up.
However, the truth will be that there is no aggressive confirmation that in the future there will only be an increase in the GALAUSD price. The GALAUSDT price is still moving in a falling channel and rather weakly approaches the liquidity zone of $0.070-0.080
Based on what we saw on the GALAUSDT chart, we made the following conclusions for ourselves:
+ a confident long after the GALA price can break through the channel upwards and secure itself above the liquidity zone of $0.070-0.080. The entry will be +/- the same price as it is now, but on the risk side, the entry point will be much more certain.
A similar situation was earlier on the MATICUSDT chart
+ if the growth in the cryptocurrency market is ending now, and then a correction begins, and maybe an update of the minimum, then nothing will be able to prevent the GALAUSDT price from falling to $0.035. If you believe in the prospects of this project, you can place a pending limit order at $0.035 and wait for happiness in the form of filling this purchase order)
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📊Do you forget about GALA? 2 targest inside!Hi friends! A lot of traders forget about GALA, but the most of them will return when the price starts the pump or be close to ATH. We should open a trade the trade before large movements and when it have the best rr ratio.
GALA is already reach the 1st target and make +25% profit. Check this idea to get more experience in trading.
📊 Preconditions to open a long:
🔥 fall to the local lows. Here the whales can collect enough liquidity to buy because a lot of stop losses of retail traders are placed here. When the price reach this area, their longs will be closed and whales accumulate enough liquidity.
🔥 volume growth confirms it
🔥 squeeze to the trendline
🔥 bullish BTC sentiment which push the altcoins up
Dom and Footprint indicators helps us to find the best entry point on this pullback before the PUMP happen. They help to identify the whales orders and open trade with the besr rr.
🚩The targets:
$0.7 - key level
$0.79-0.85 - value area
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Gala Moving Sideways Will Explode Next CycleThe first crypto gaming and metaverse wave has left us and we're in the midst of bear market in cryptoland. Strong projects that survive this bear market will likely thrive in the next bull market. One of those projects I believe will thrive in the next metaverse gaming wave will be Gala games. Why? Simply because a lot of developers and innovators continue to create games and experiment on Gala. It is becoming a hub of metaverse, play 2 earn, and crypto gaming innovation. Gala games is well positioned to ride the next metaverse and crypto gaming wave in the not so distant future.
Currently down 93% from it's all time high of $0.85 cents Gala is starting to look like it's moving sideways and being accumulated around the $0.05 cent range. We've been in this horizontal channel since June 13th ranging from $0.045 cents to $0.068 cents. We can always go lower due to the market conditions since we're not out of the cycle and still may have a ways to go before we find a true bottom. All I'm saying family is to keep an eye on Gala. Much peace, love wealth, and health!
BE CAREFUL IF YOU ARE HOLDING GALA.Hey guys, here's a quick update on GALA/USD. Please note that I am not sharing any trade setup on GALA. This update is based on T.A and chart patterns.
Timeframe: 6 hours.
Update: GALA is under a head & shoulder pattern which is technically a bearish pattern. It has already broken down below the support level and is currently in the retest zone. There is two main resistance holding GALA to break through- 1) 21 MA Resistance presently at $0.04941. 2) $0.05245 Resistance trendline.
With the recent rally in BTC, there weren't a lot of changes in GALA's price.
Invalidation Point: The only invalidation level for GALA is $0.05245 resistance (previously support). If GALA break through this then the trend will get reverse and GALA will rally high.
Conclusion: If you are holding long on GAL then keep your SL tight and if you are short on GALA then keep an eye on the mentioned resistance level.
Trade safely, guys.
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Thank you.
📊GALA is going to break the trandline! Here is entry point.The big player continue to accumulate GALA and hold it. Such amount of volume at the bottom confirm✅ for us that buyers are continue to buy GALA.
Additionally, after the breakout of the $0.49 local low and key level the volume grow. It`s also mean that the whales collect liquidity for their long positions. A lot of traders place the sl below the KEY level and all of them were trigerred.
This is good for us traders who are patiently waiting for the best entry point and let us opportunity to make good %%%.
📊You have to see this preconditions to open a long:
🔥squeeze to the trendline
🔥local manipulation with sl hunting and liquidity collections. The volume should grow. It shows us the pressence of buyer
🔥BTC bullish sentiment which push the altcoins up
🚩The targets:
$0.59 - key level (+25%)
$0.7 - key level (+50%)
$0.79-0.85 - value area (+63%)
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🚀GALA follows THIS scenario! What will be the next?📊GALA reach the $0,064-0,07 liquidity gap which i mention in previous idea. This was the most clear target and price reach it so the analysis were doing right.
After the trendline breakout we haven`t seen the deep pullback and long traders trap which shows us the bull strength. Now i expect the squeeze under the trendline and it breakout. The volume growth before breakout confirms us the presence of the buyers.
Additionally we see the accumulation area of $0,05-0,064 for GALA which is also confirms our bullish scenario.
If the price can reach the closest value area of $0,079-0,084 it will be the first such pump after the bear trend for 2-3 month and show us the first global reversal signs.
🚩Altcoins will grow untill the BTC and SnP500 are growing. Always keep it in mind.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
#GAL/USDT 4HOUR UPDATE BY CRYPTOSANDERS !Hello, dear traders welcome you to this GAL/USDT 4hr chart analysis.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ENTRY:-$5.32, $5.88
TARGET:- 60%
STOP LOSS:-$4.32
In the current scenario, the GAL is trading above the green support zone.
Now I am expecting more % down towards the lower support zone area which is also a good buying zone for GAL.
If GAL HOLDS the upper trend line support well then soon we will be able to see a bounce towards the yellow resistance zones at the price level in upcoming weeks which is almost 60% from the bottom level.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.