$GALA breaking outLooking good for break out the bull flag. Need a break out candle to follow buy, otherwise buy on dip at EMA200 H4.
GALAUSDT.P trade ideas
GALA (GALAUSDT)Keeping a close eye on #GALA. Currently at descending resistance line and $0.02550 - $0.02750 resistance area. A breakthrough may push price to $0.035 - $0.0385. If rejected, next support at $0.02060 - $0.022, at the daily 200 Moving Average (MA). Stay tuned for updates! 📊💹
#CryptoMarketWatch 🚀✨
🎮 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 💚🌐💚
Gala Games possible 130% move?KUCOIN:GALAUSDT testing a key level of significance (marked by red arrows). Trying to get above the 2100 area. If we stay above it and get on top of the 200MAs on daily (picture added) the next big resitance level is 5 cents. Possible 130% move for the patient.
XRP trade just hit our first target after breakout, 22% move.
And DYDX to stop loss, if you are intested about a losing trade and how to take a loss
My plan for Gala. I hope the most of you made nice profits on this leg up. I still think it will go down one last time. If it does then im all in. If not, then ill focus on other coins. Lets see what the marked does amigos.
$GALA breakoutLog scale - overlapping Fib retrace from ATH/ATL and 2023 wave @ 0.06 to ATL - confluence resistance levels appear at;
R1: $0.034 (0.618 + 0.236 retrace levels + alternated support at $0.033 from March 23)
R2: $0.062 (1 + 0.38 retrace levels + price resistance at 0.062 from Jan 2023)
R3: $0.166 (1.618 + 0.618 retrace levels + alternated support from Jan 2022)
Massive Triangle formation that has broken since November.
GALA/USDTGALA Usdt has entered the range move. It broke 0.021 resistance with good volume. If the market pulls back will pick it up in support, if the resistance is broken with good volume will add more.
SUPPORT CHANNEL FOR BULL-RUNENTRY FOR BULL-RUN
This chart tells me that we have a great climb ahead of us in the next two months
Short to mid term $gala prediction ====> 35%+ possibleLooks like trignage breakout already large happen on daily time frame and retested .One of the strongest confirmations but it is not without the risk. Gala is long due for relief rally. We may see quick rally towards $0.02 region which is roughly %35 gains! I will update this chart as we move along.
GALA performing a bearish fix after nice bullish movementGALA performing a bearish fix after nice bullish movement
The Inducement is far from the Order-Block which gives great RR
The OB is really next to Fib 0.618
1 Hour Gala Key Insights and TrendsGala is currently at an important demand zone and is also in the process of retesting the trend line
We can expect two scenarios:
holding the demand zone and continuing the uptrend
breaking the trend line and initiating a reversal
Gala's All Time High Return Gain %Just so you long term fan boys can see it.
If you long now and set an alert at Gala's all time high, you could be looking at 3900% gain.
Say $1000 into $39,000.
Say $5000 into $200,000.
Of course no one knows the future.
I just like the long term in clear view of it's all time high.
Happy trading.
Not financial advice.
Gala Targets V2 Coinbase (wen)Gala is primed for a pump as it did in the recent past.
If you are a pattern trader you should be in awe of the falling wedge.
If Coinbase list Gala V2 I could see us do 200%
Who knows? Maybe we dip down further for an even better entry.
Push play and watch. Thats the fun part.
GALA NEW VOLUME INCREASE GALA SEEMS TO HAVE NEW increases for the day trade.
it's at this moment the running one.
The last running one for day trading.
GALA LONG SIGNSL H1Hello dear traders
In the Gala currency, we can enter a long position in the 1-hour time frame on the specified area
Loss limit, profit limit and entry point are specified for you in the form of a position
It should be noted that in the above time frames, this currency is suspicious of the downward WYKOF theory and we must be careful about this movement.
Thank you for following me.
GALAUSDT.P LONGBefore reaching previous day's high, going long for a small profit, using a change of character bullish aligned with a bullish imbalance (FVG). 2RR
GALA - Bull RunCrypto Bull run now going to begin, and as per technical analysis, the GALA would become a rocket soon.
There are some target on cards which will hit soon.
Buy Call: 0.02027
Target 1: 0.0392
Target 2: 0.04956
Target 3: 0.06199
Stop Loss: 0.01220
GALA target 0.274h time frame
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GALA finished the 1st pumping wave(0.0125 ~ 0.022), and start retesting the demand zone. The demand zone is also on the same level of 0.382 Fibonacci Retracement. Further, MANA which is the GameFi field as GALA is going up to structural supply zone, so we can set up a trading plan that target is benchmarking to MANA.
TP: 0.025~0.028
SL: 0.0168
GALA IdeaBroke out and retested last trend line, holding daily support, closure above zone=validated
Gala could pump hard this weekend Gala fallen wedge can break for a retest of .021.
Gala is bouncing form the bottom of the fallen wedge with strong buying pressure also have a bullish divergence.
GALA still waiting!!!We can see a drop comming this moment. If it forms a inverted cup and handle we can expect a drop till our buy zone. Still looking good.
