GALA went up generously this past few hours -- conveying its intent to reverse to the upside based on the daily data.
This is huge. Daily data doesn't change mind often, so this is a good hint already.
Expect some more than average moves to the upside from the current levels.
Spotted at 0.030
TAYOR.
safeguard capital always.
GALA ~ 1W
#GALA Are you interested in this Coin? If yes, this is an important support block that you might need to pay attention to. previously the price bounced quite high from this support block. we hope this will happen again.
Gala (GALAUSD) has been trading within a Channel Down, similar to all such patterns since the past 2 years. In fact this is the 3rd straight Channel Down occurrence since August 2022 and they've all bottomed around the same levels, before breaking-out the formation above them.
What confirmed the bullish break-out each time has been a 1D candle closing above the...
Yello, Paradisers! Could this be the breakout moment we’ve been waiting for? Let’s dive into #GALAUSDT’s latest move!
💎#GALA is currently trading within an ascending channel, showing a gradual upward trend since the lows of August 5th. The price is now facing immediate resistance between the $0.0172 and $0.0180 levels, a zone that has been tested multiple times...
GALA at potential bottom after at least 3 impulse waves down (at week chart). Feels like even in the worst scenario bounce to ~0.03 is something that should happen in any case once correction to those 5 bearish months starts.
Bullish scenario would be return back to 0.06 as it plays role of the top of that HTF range. And where is the top, there is a chance...
INDEX:GALA
The #GALA bullish move from the bottom of Oct 2023 till the top of Mar 2024 seems to me like nothing but a corrective wave.
There’re multiple ways to count the next wave based on that but imo I expect any kind of an impulsive wave to target below $0.0059 (which would be a good buying opportunity).
The cancellation/ invalidation of the idea is...
Web 3 gaming under the radar
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Artificially depressed to accommodate Future Millionaires at sub $0.0015
yes that $0.0015 to $0.0008 drop has the body clock of Shiba Doge and Cardano back in the day
strong hands with volume at current levels shall be rewarded in the next cycle
maybe next few months when the FED cuts that...
#GALA
The price is moving below a downtrend on a 1-hour frame, and the trend is being tested now and is about to break to the upside.
We have a bounce from the green support area at 0.001900
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is...
🔍 Technical analysis: Descending channel failure.?
- It is moving in a descending channel in the 8H time frame.
- There is a demand in the green box and the middle of the channel.
- It is currently at the ceiling of the descending channel.
- Due to the upward momentum, it can continue its growth after breaking the channel with the limited support of 1.56 to...
🔍 Technical analysis: Head and shoulder pattern scenario
- In the weekly frame time, there was a three -wave move that has grown to 1.272 for its previous wave.
- According to the analysis presented before leaving the triangle density in the 4th wave of correction, it succeeded in the supply zone of growth and defeat it.
- After that, it faced a lack of...
🔍 Technical analysis: Pullback to broken structure
- According to the previous analysis presented in the 12H time frame, after reacting to the PRZ zones, it faced selling pressure, which finally continued to the specified zone of 0.58 correction.
- Currently, it has infiltrated the sub-region in the 12H time frame.
- Therefore, if this return continues up to...
BINANCE:GALAUSDT (1W CHART) Technical Analysis Update
GALA is currently trading at $0.02823 and price is retracing after breaking out from the resistance line, since the price had significant retracement, i'm expecting this support line to hold and bounce back from it. This gives a good opportunity for long trade,
You can either buy in spot market or in future...
#GALA
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.02660
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.02800
The...
#GALA
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.03100
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.03290
The...
GALA recently tested the support area at $0.03380, which acted as a strong level of buying interest, causing the price to bounce from this level. This rebound indicates that buyers are stepping in to defend the support, suggesting potential bullish momentum. As a result, we may see the price continue to rise towards the next resistance area at $0.0400.
BINANCE:GALAUSDT (12H CHART) Technical Analysis Update
GALA is currently trading at $0.03845 and price has hit the support, price has been in the ranging market for more than a month. I'm expecting the price to bounce back from the support and hit the resistance zone. This will give a nice profit in a long trade.
Entry level: $ 0.03846
Stop Loss Level: $...
