#GALA
We have a bearish channel pattern on a 1-hour frame, the price moves within it and adheres to its limits well, and it is about to break upwards.
We have a green support area at 0.0450
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price is 0.4600
The first target is...
GALAUSDT concluded a significant bearish descent, completing 5 legs, and is poised for a potential corrective ABC phase, aiming upward.
Our plans involve entering the market for the uptrend ride. Consider acquiring some positions at the current price, anticipating a probable price decline to add more at the Buyback zone.
Place stop loss as indicated on the...
As we know, the price of GALA/USDT has risen 320% since the beginning of 2024. As prices rise impulsively, they will correct at any time. GALA/USDT has corrected 60% from its March high ($0.08677). This correction aligns with the prediction of the Fibonacci indicator at 0.68.
When viewed from the daily chart, GALA is still bullish.
I think GALA will have two...
Hello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring GALAUSDT for a buying opportunity,
GALAUSDT UPDATE
In 8H Timeframe, Bullish pennant Breakout is Done & Retesting is in Process✴️
Successful Retest Can Lead Massive Bullish Rally Towards 0.07500$💸💯🚀
🔮 #GALA Analysis
💲💲 #GALA is trading in a Descending Triangle Pattern. If the price of #GALA breaks and sustain the higher price then will see a pump of around $0.07450 expecting almost 70-75% in coming weeks📈
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀
#GALA #Cryptocurrency...
#GALA
The price is moving in a bearish channel pattern on a 4-hour frame, which it adheres to perfectly. We have a major support area at the 0.03800 level.
We have a tendency to hold above moving average 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 0.04100
The first target is 0.04990
The second...
The Gala is going to turn to up trend. I expect it will go to the place shown on the Chart C. And then, will see at that time it could be extended to wave 5. The stop loss is if it closed two candles below $0.025 for a 4-hour frame.
Possible double bottom playing out in the coming few weeks.
I don't believe we are in FULL BLOWN ALTCOIN season as of yet.
BTC dominance is still to high. Watch for this formation on GALA
If it plays out like a think it will...THAT IS WHERE YOU GO APE shit
on GALA when price hits roughly .33 cents. I've seen these double
bottom patterns play out just before...
GALAUSDT.P is trading in symmetrical triangle pattern and recently forming Bullish Divergence on 1hr time frame. so we will wait for the breakout of the pattern and previous LH for the confirmation of the bullish trend.
You should be able to find entry and it could get back up close to entry.... Either way this is my plan and it a great risk to reward. Used multi time frames to determine possible take profits at the blue lines but I believe in a day or two this will complete. It hit a big supply zone and needs to find demand. Like always just my idea based on what I am seeing...
This is a line of confluence. BTC will probably come back down
eventually to retest 51k. Watch GALA to possible hit this line and
bounce. This is on the WEEKLY time frame so this could take 2-3
months to play out. That's where you go LONG on GALA. Not a
bad area right now to DCA into this game token while things are
gonna get somewhat boring. Good luck and...
Hello, friends!
This is ESS team.
LOOK this chart that we expect some.
After a BIG rise, GALA is making a berish extended wave.
The BLUE 5D uptrend line is where GALA needs to be supported in order to rise.
If this trend line is supported, and rise up,
and then, If the upper end of the extended wave is also retested after the breaking upward,
the GALA will...
Using the new volume candles from TradingView which are absolutely amazing. We can state some simple facts.
We are currently in a zone where previously, fat candles have formed at this zone.
I am expecting another fat candle, hopefully to the upside out of this zone.
HOWEVER! I will play to the downside as well. This is a tightening range, and a breakout is...
Gala coin has breakout previous valid high and turned into bullish trend after CHoCH. But it is forming trendline liquidity as shown on the chart. Thats why I will long below that liquidity zone which is aslo a sell side liquidity. I am expecting price to come below that poi after toiucing its supply zone. This is my analysis on 1H time frame. What are your thoughts?
GALA/USD has formed a potential descending channel on the 12H-1D timeframes. There's a strong chance we could rise from the bottom and retest the local resistance at $0.05274.
If it breaks out of this channel to the upside, my potential targets would be around $0.068 to $0.086. Keep an eye on this setup.
