Get started
PalenTrade

Gala Games possible 130% move?

Long
Gala Games / Tether (KUCOIN:GALAUSDT)  
PalenTrade Updated   
KUCOIN:GALAUSDT   Gala Games / Tether
Trend Analysis Support and Resistance Pivot Points supply_and_demand multipletimeframe moving_average gala GALAUSDT Bullish Patterns pivot galagames cryptomarket
19
7
trendanalysis supportandresistance pivotpoints supply_and_demand multipletimeframe moving_average gala galausdt bullish pivot galagames cryptomarket
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
Comment:
Here we can see that 200EMA and 200MA which has worked as resistance before (Highlighted with blue arrows). Usually they give some support or resistance to the price, but you know how cryptos move sometimes ;)
snapshot
Comment:
Nice breakout from the 200EMA. Need to close above this, and a backtest would be just beautiful. Next smaller resistance/target is 3 cents where you can relieve some pressure if wanted, but I'm waiting for one of the main targets around 0.05 Dollars.
Patience will be rewarded
snapshot
Comment:
Nice backtest of a key level that used to work as support, then turned to resistance, and now seems to be support again
snapshot

Related Ideas

PalenTrade
Radix waking up!? (Ultimate)
PalenTrade
Bitcoin Bull Flag forming, BTC to 40k?
PalenTrade
TOTAL 1 Will Crypto Christmas come early?
PalenTrade
XRPUSDT 25% to 70% Bull move??
PalenTrade
DYDX/USDT
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.