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GALAUSD

Will gala break up from its current bear flag?We can see here on the weekly char that Gala is in a bear flag with a very long pole. We can also see that the flag is the shape of a descending channel, a pattern that tends to break upward. When we see a descending channel as a bearish flag it is usually an indication that bears are starting to lose steam.,,,how much steam they are losing will determine whether or not the descending channel wins the dominance battle and it breaks upward or the bearish flag maintains dominance and the pattern breaks downward. If this flag were to break upward instead of downward, the question then becomes will it break upward and then head the entire measured move of the flag but in the bullish direction? Or will it simply just head to the smaller target of the descending channel itself. It’s hard to say but just in case I have put both potential bullish targets on the chart. One other thing it could do is reach the bullish breakout target of the channel and then pull a 180 and still break down below the flag and head to the bearish breakdown measured move target of the flag even after reaching the channels bullish breakout target. Seeing as how the rest of the crypto market recently has begun to see bearish momentum dwindling, I think the bullish outcome has slightly more probability at the moment. Also the measured move for the bear flag breakdown would be negative 20 cents….typical negative targets are a clue that the bullish direction is more likely….always possible for a breakdown to happen at the end of bearish momentum that doesnt hit 100% of its target though. If we take a look at the current volume candle, it is the highest weekly volume candle on this charts history and it happened during a bullish impulse…which is yet more bullish confluence here to suggest a break up from this bear flag is very feasible. *not financial advice*
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by DrDovetail
4
GALA moved 30% today.GALA moved about 30% up today and was mentioned on the top gainers' list. The price is inside an ascending channel, and after touching the bottom of that channel, it gets a pump and reaches the top of it. There are three support areas on the way down and one resistance on the way up; the price will continue to increase inside this ascending channel for now. I'll update this chart when the price comes around the solid resistance. Do you agree with this chart? Let me know if you do, and if not, challenge it. Thank you for your time; I hope this was helpful.
by ShawnMCR
3
Gala it's lead to reach $0.07 centsIn this quickly analysis, it's my update of GALA that I follow in my radar in my investment, I suggested to buy this crypto before to begin to up. I expect a next price to reach around $0.074 cents approx. And we're forming a bullish ascending triangle that it's in formation right now. I expect that this analysis support you if you don't know this crypto. Take a check out of this crypto project. It's amazing to follow on this 2023 and apply the concept to change your crypto-portfolio to update and choose widely some cryptocoins with a lot potential, credibility, transparency and the most important that I consider it's their fundament and philosophy what kind of project it's been unique to appreciate their quality in the fundamental analysis. I hope that this seed will help you to identify good project!!! Good night!!!
BINANCE:GALAUSDLong
by harisonhbn9718
GALA Coin : "Words are useless when the target is clear..."Hi everyone! As we said "Words are useless when the target is clear..." and Gala coin could trigger an interesting technical rebound in the medium term. That said, even if the main trend is still bearish, we think that an accumulation strategy could be the right choice, so starting tomorrow.... "Buy the dip!". In conclusion, we see a potential first bullish target around 0.1123 area. If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below. thanks for your attention and please... trade with care! 💖
Long
by TheAnonymousBanker
10
GALAUSD This will give you one last opportunity to buyGALAUSD has comfortably established trading above the 1D MA200 (orange trend-line) ever since the January 09 break-out. It has long broken above the November 26 2021 Lower Highs trend-line, that was practically the trend-line that dictated the whole Bear Cycle and is officially (having made a Higher High as well) entered into the new Bull Cycle territory. The price is now facing its most significant medium-term Resistance, which is the 0.07400 Symmetrical Pivot Level that has been in effect since October 2021. A rejection there can deliver a pull-back to the 1D MA50 (blue trend-line), which basically will be the last buy opportunity for people who missed the rally so far. A break above that Symmetrical Pivot, which is not on the 0.382 Fibonacci by accident, should coincide with a 1W MA50 (red trend-line) test. Above that we can confidently fill all the upper Fibonacci gaps, which as you see match very well with prior Support/ Resistance levels of the Bear Cycle. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:GALAUSD
by TradingShot
The resistance has not yet been completely brokenGALA has increased in price again in the last 24 hours. With continued support in the market, without a deep pullback, GALA recorded a 40% gain, breaking through its previous high in the $0.050 range. But this resistance has not yet been completely broken. Still, the important resistance of this currency is in the range of 0.062 to 0.070 dollars, and if the price hits this level, we expect to save the full profit of short-term buyers. If the resistance at the current price of $0.050 reacts negatively, the GALA currency can make a deep correction from this area to the $0.030 range, forming a range zone. Then it will be possible to continue the trend until the main resistance.
by MonoCoinSignal
6
Altcoin #1: GALAI choose this altcoin as my number 1 as first I see that GALA has the most potential in what this kind of project will bring for crypto-enthusiastic, and also I suggest that this will be my #1 altocin that I advice you if you want to make a pump in medium term. I plan to buy much coins of there as this will be a potential to invest in cryptocurrency before than any smart altcoin in our radar, like this. I invite you to invest in GALA with few money as this altcoin only cost $0.05 cents. For example: 1) $500 USD = 10,000 GALA 2) $1,000 USD = 20,000 ADA 3) $1,500 USD = 30,000 ADA And there successively. Only taking hte price real that it's $0.05 cents. I hope that this altcoin support you in your crypto-investment, I suggested to take in note another altcoin like Sandbox as right now I see that this altocin will pump too. Watch your altcoins in radar like GALA, that I recommend a lot. During the next weeks, we hope a movement like this to the another bullish market. And also, if you want to become a crypto-enthusiastic, you will need to change your old altcoin that you invest in the past bull rally during 2020-2021 for new top hot altcoins like Gala, and much more to become a crypto-enthusiastic & proffesional. Good luck You can to buy this altcoin in crypto app if you are new in crypto!!!! I'm so bullish in Gala for now!!!
BINANCE:GALAUSDLong
by harisonhbn9718
4
GALA/USD 4h Chart #Gala - is currently retrace after experiencing a strong run of 35%. This presents two key points of buying opportunity for investors to rebalance their portfolios . The first point of buy is ideal for those who believe the trend will continue and the run will persist. However, if the asset droops at the first point, the second point of buy presents a great opportunity as it is the extreme point where the asset is expected to have a reaction. Overall, this analysis is based on the perspective of an investor looking to make strategic buying decisions."
Long
by RomKriss
4
GALA continued its price increase after a shallow correctionIn the last 24 hours, GALA continued its price increase after a shallow correction. This modification did not reach the specified range due to the high power of the buyer. The strong upward movement and the continuation of the spike phase broke the ceiling of the descending channel. So, in the daily time frame, due to the formation of a higher ceiling than the last ceiling, we see the initial signs of a trend change. This strong bullish candle can also be seen in the weekly time frame. Therefore, we can expect a price correction according to the shape of the candles in the 4-hour timeframe. The candle, which formed the highest level, hit the range of $0.040, and on the other hand, the close of the candle was in the middle of the range of the candle, which indicates that the possibility of sellers entering and creating a range trend has increased. So, in case of correction, we can consider two supports. The first support is in the range of 0.030 to 0.028 dollars, and the second is in the range of 0.025 dollars. If the price reaches these levels and we see signs of support, we can expect the price to grow. The medium-term target range of $0.062 to $0.070 can be a profit-saving area for medium-term buyers.
by MonoCoinSignal
9