GALAXUSDT.3L trade ideas
Short GALA
GALA broken the falling wedge, retested it and is rejected.
As a result, a referenced setup is depicted in chart.
possible head and shouldersits possible that gala is forming the right shoulder of a head and shoulders pattern with a target around 0.026.
it would also be the 0.786 fib level from the low to previous high. with all the fear and inflation numbers and the rate hikes i think its very possible to play out. this pattern would be invalid in my personal opinion at 0.03625
GALAUSDT LONG/SHORTGALA tested 100MA on 4hr yesterday after much correction
giving us a massive and insane bull run 4X in Jan....
.618 and .5 to be a good accu Zone and a cross(GOLDEN) is expected at daily
buy all dips ... Now its a better entry which will be taken as launchpad to .08....
Never a financial advice .....
if i am wrong, plz drop a msg n correct me...
Thank You...
Gala Usdt ShortThis pair is trading just below the MA and it can not move to far away from it. The general sentiment on crypto is negative, the market is still risk off.
Idea = short
GALAUSDThe moving averages gave two conformations and entry signals for a sell, The n-wave formation is also on its last leg. TP is marked by the fib extension tool. The price is under the Ichimoku kumo and the lagging span is below the price. Which confirms we are trading with a bearish trend.
Bullish Libra for Intraday by using Oversold ConditionsOKX:GALAUSDT
By using positive divergences,
Bulliish libra setup will be on our desk.
Analysis on the chart.
May the force be with you.
GALAUSDT is inside the descending channelGALAUSDT has recently experienced a breakout from its weekly resistance level in the 0.05$ area. However, the market has since formed a descending channel, indicating that the price is currently experiencing a downward trend.
The descending channel is characterized by a series of lower highs and lower lows, with the price bouncing between two parallel trendlines. The upper trendline acts as a resistance level, while the lower trendline acts as a support level. As the price approaches the support level at the 0.04$ area, traders will be watching closely to see if it breaks through or bounces back up.
As per Plancton's Rules, traders will be waiting for a breakout from the descending channel and static resistance level before considering a new long position in GALAUSDT.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
galaBINANCE:GALAUSDT
It is being supported. If the support at the 0.038 point continues for another hour, the specified goal will be achieved
Gala Games ($GALA) - Almost there..I shared this setup back in January and said I wanted to long in green - we are nearly there.
Lost high time frame resistance block (red) and now nearing my target high time frame gap (green) after a month and a half.
I was patient with this one, stood my ground, and should get the opportunity I've been planning for.
I will not blindly long this zone however - will depend on the reaction, structure and market environment.
Cheers
GALAUSDT bearish divergenceGALAUSDT 1H TF looks like it is going to be a bearish divergence, so we will avoid taking a position here.
Gala Falling Wedge , soon 0.042Falling wedge of GALA shows a bullish pattern. Get ready for 0.042 very soon.
Set your stop loss 2%—3% for this trade.
It is not financial advice. Do your own research.
Thank you.
🔥 GALA Falling Wedge: Wait For Break OutGALA was one of the first altcoins to rise in January, but also one of the first to top out and fall.
During GALA's bearish move over the last 5 weeks, a falling wedge pattern has emerged on the chart. Falling wedges are classically bullish reversal patterns.
I'm waiting for a bullish break out before considering a position. Keep in mind we can reverse from the top resistance. Targets in blue.
Gala Forming Falling wedge seems like gala getting ready for another bullish impulse
forming falling wedge in h4 timeframe incase of breakout expecting 40 to 45% bullish move
(note) always Wait for Confirmed breakout
Gala nice downtrend channelWe will see a big pump after crossing the channel
There you can see support and resistance
#GALAUSDT #LQRUSDT #TOBTC #LaqirProtocolimportant static support $0.02640 and $0.02420
minor resistance $0.0378
static resistance $0.04
Gala Short to 0.02675On this fibonacci analysis it shows the bears might be heading towards the 236 fibonacci retracement down at 0.02675 area. If we find support there would be a great place to build longs.
Today there was a sell signal and I dont believe we recover before we hit some bigger support on much lower number. I wont be buying until my target gets hit or I see a convincing buy signal.
Next possible support above 2675 is 3200, which might give us a temporary bottom. I'd like to be ready with a short from higher so I can withstand that.
GALA/ Whats next?good buy when it does a stophunt to the below and goes back up in seconds.
short and long prices can us see on chart.
gala shortif GAlA go bellow fib line 0 we should get nice profits $$$$ .
its only my opinion do own research. :D
GalaUsdtGALA USDT
SHORT
PRICE: 0.04106 / 0.04125
TP: 0.03978
SL: 0.04165
LV: X5
This is not a buy or sell signal and it is my personal analysis, so I have no responsibility for this currency
And your profit and loss is related to you
This is just my personal analysis
Thanks Devil.p.v
