My personal opinion is as Gala has broken the white downtrend line it is in a bull market now. This Bullish picture is invalid if white trend line breaks downwards. Until that GALA is Bullish.
📊 Analysis:
Support Retracement: GALA retraced to the $0.04 support level.
Entry Point: Consider entering a long spot trade at the current support level.
Profit Targets: Aim for $0.05 - $0.054 or $0.059 - $0.065 resistance levels.
Risk Management: Set a tight stop-loss just below $0.039.
📈 Trading Strategy:
Entry: Long trade initiated at $0.04 support.
Targets:...
The Gala has reached to a very sensitive level It may break it and continue to the up ward movement after a pullback or it may retest the level and come back to the downtrend area.
I think the trend is going to continue the down trend movement. As the chart shows we have a complex pullback and the LWP level too. so I put and sell stop order under the LWP level
#GALA
The price has been moving in a bear flag since April 2022
It was a lot of events on this pair
It has achieved nearly 2x in the last two months
The downtrend is expected to break through to turn the trend to the upside with the breaking of the Moving Africa 100 upwards.
Current Price0.03195
First Goal 0.04940
Second Goal 0.06419
The gala currency will make its way regardless of the war news, first it will descend towards the remaining orders, then the final target will rise above the fifty percent gap to reach the sweet sell zone, the long-term final target of the gala can be be above 8 dollars.
#GALA
#BTCUSD
#ICP
#CARDANO
#ETH
#SHIB
The price is still in a triangle shock
Judging from the current price action, a breakout and new highs are very likely.
If the market chooses to breakout, my target would be to see 0.18
That position is the pressure position at the perimeter level.
This is my idea not a finance advice. Please make decision by yourself!
GALA chart has formed an triangle pattern.
Strong support range at 0.055x.
The condition for this pump is break event with high volume.
If you're looking to trade GALA at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.0661$ and take profits at the levels shown in the chart.
Targets:
1. 0.0684$
2. 0.071$
3. 0.074$
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About our trades:
Our success rate is notably high, with 10 out of...
I am currently watching this GALA triangle pattern waiting for some sign of a break out before entering a long position. This will most likely be confirmed or cxled in a couple days to weeks depending on Bitcoin's price movement. Lowest entry could lead to a quick 65% spot gain. Set your alerts. $0.10 per GALA is the target!
I am currently watching this INDEX:GALA downward trendline waiting for some sign of a break out before entering a long position. This will most likely be confirmed or cxled in a couple days to weeks depending on Bitcoin's price movement. Lowest entry could lead to a quick 150% spot gain. Set your alerts.
Hello traders, BINANCE:GALAUSDT I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
