GALA has registered a 30% growth in the last 24 hoursGALA has registered a 30% growth in the last 24 hours. The price is in a long-term bearish channel on the daily time frame, which has recently generated a strong positive reaction and a strong increase in demand by hitting the $0.01600 support area. This strong return has caused the price to reach the ceiling of the descending channel. According to the type of encounter, there is a possibility of breaking this dynamic resistance and leaving the descending channel. GALA cryptocurrency is in the ranges that were first traded at these prices.
You can consider a downward trend line on the RSI indicator in the daily time frame. This trend line is broken and pullback to the range of 29-30 on the RSI; we can expect a strong positive reaction. The break that happened in the $0.020 range was fake, and a return to this range could bring a positive reaction. Strong support is considered in the daily time frame between $0.018 and $0.020, which pullback and return to this area can bring a strong positive reaction.
Also, in this time frame, we see an upward spike phase formation. If we observe a reaction to the channel ceiling in the lower time frame, there is a possibility of forming a double ceiling pattern and correcting towards the specified support. The closest support to the current price is considered in the range of $0.0220-0.0226, which could bring a positive reaction. The main static resistance is in the range of $0.0245 to $0.0255, which has seen a negative reaction to this level twice.
GALAUSD
Short term rally in $GALA? $.037-$.048 target?A chance at 40%+-80%+ returns?
I know nothing about Gala, but the chart looks very bullish.
The chart looks like it's formed a large falling wedge which broke out and then formed an ascending triangle bottom. Upon a breakout of the triangle, I think $GALA rallies to at least $.037 but I think eventually it gets up to $.048.
#GAL/USDT DAILY BREAKOUT AND RETEST TO PUMP 200% !Welcome to this quick GAL/USDT analysis.
I have tried to bring the best possible outcome in this chart.
Reason for trade:- GAL/USDT is a Breakout and retest complete buy the dip
SPOT CALL
Hold it for a long time to come, it can give good profit, as BTC will pump, all the calls will give you good profit and most important stop loss
Entry:- CMP and $1.95
Traget:- 200%
Stoploss:- $1.93
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.
Happy trading.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
GALA/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #GALA/USDT ⚡️⚡️
Client: My-ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (3X)
Entry Targets:
1) 0.04149 - 100.0%
Take-Profit Targets:
1) 0.04275 - 20.0%
2) 0.04398 - 20.0%
3) 0.04611 - 20.0%
4) 0.04804 - 20.0%
5) 0.04942 - 20.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.833%)
Stop: Breakeven -
Trigger: Target (1)
$GALA Is Ready To Short SqueezeJust forget about macro economy, bitcoin and dollar index for a while as some coins/tokens has shown signals which is ready to short squeeze.
When will the GALA GAMES come to life ?It's been almost two months since our previous GALAUSDT idea was published
And as we can see, working out the red scenario from the idea above is nearing completion.
The GALA price is now in the liquidity zone of $0.035-0.040, where you can try to buy longs. Of course, if you believe in the project and in the further dynamic development of the gaming sector in the cryptocurrency market.
As for the goals from above, in the case of growth, the first buyers will be met by the same liquidity zone of $0.07-0.08, which has not let the price go higher twice already.
The global target for growth is around $0.18
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Trading opportunity for GALAUSDTBased on technical factors there is a Long position in :
📊 GALAUSDT
🔵 Long Now 0.05172
🧯 Stop loss 0.04530
🏹 Target 1 0.05600
🏹 Target 2 0.06290
🏹 Target 3 0.07200
💸Capital : 1%
We hope it is profitable for you ❤️
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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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We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
GALA - WILL BE PROFIT !!!Simple idea, everything is on the graph.
What do you think? Can RSI and trend keep going up along with the price?