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GALAUSDT

GALA/USDT Analysis in Daily 👀Hi 🤚 As can be seen in the daily chart of the Gala cryptocurrency, the price was able to break the ceiling of its descending channel upwards and have a change in nature from a downward (long-term) trend to an upward trend. This movement of the upward spike that caused the roof of the channel to break; It has created a price imbalance (FVG). FVG can absorb the price, which in terms of price, after a strong uptrend, a correction can look logical. Also, the RSI indicator shows the number 77, which indicates the saturation of the price, and to reach the balance, the price must be below the number 70. The price correction can be done up to the support level of $0.0.23 and then we can expect the price to grow up to the resistance area of 0.0650. Arztoday Team ✨
by arztoday
2
🔥GALA AND THE ROCK: DO YOU GET FOMO ON +120% PUMP? 🔥Hi friends! GALA pumps on the news about the partnership with Dwayne Johnson (The Rock) and Mark Wahlberg. Now the price reaches the first major resistance at $0.5-0.62. This is a huge value area and I expect the reverse from this area but after some signs of bear trend. Now the most important indicator is the anomaly growth of the volume (the biggest for the last year). 📊 TRADING PLAN FOR GALA: 1. wait for the pullback and impulse above the local highs at $0.5 2. sl collection and false breakout of this key level 3. bearish BTC 🚩 Actually, the whales can also trap the retailers by breaking the local trendline up and will dump the price after that collection of the pending orders and sl. ✅ THE MAIN TARGETS FOR GALA: 🔥 $0.4 - the value area and even number 🔥 $0.3-0.31 - the key level 🔥 $0.24-0.27 - the value area and the biggest support Traders, what do you think will be a trigger for this DUMP? Share your trading plans in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
11
GALA/USD 4h Chart #Gala - is currently retrace after experiencing a strong run of 35%. This presents two key points of buying opportunity for investors to rebalance their portfolios . The first point of buy is ideal for those who believe the trend will continue and the run will persist. However, if the asset droops at the first point, the second point of buy presents a great opportunity as it is the extreme point where the asset is expected to have a reaction. Overall, this analysis is based on the perspective of an investor looking to make strategic buying decisions."
Long
by RomKriss
4
GALA USDT | Price prediction!Hello traders, Although GALA lost the key support at $0.027, the price has started to consolidate above $0.0248. There was a clear positive RSI divergence that retested the “30” zone on the RSI before going higher. This is a bullish sign, theoretically, and could result in an underside retest of this key S/R level. If bulls can reclaim $0.027, looking for a sweep of those equal highs at $0.028 will be a good trade. If bears was able to break this possible pear flag and closing daily under $0.0246, GALA should decline with 15% to 30%. stay safe and trade safe thank you.
by Khaledzu
5
GALA continued its price increase after a shallow correctionIn the last 24 hours, GALA continued its price increase after a shallow correction. This modification did not reach the specified range due to the high power of the buyer. The strong upward movement and the continuation of the spike phase broke the ceiling of the descending channel. So, in the daily time frame, due to the formation of a higher ceiling than the last ceiling, we see the initial signs of a trend change. This strong bullish candle can also be seen in the weekly time frame. Therefore, we can expect a price correction according to the shape of the candles in the 4-hour timeframe. The candle, which formed the highest level, hit the range of $0.040, and on the other hand, the close of the candle was in the middle of the range of the candle, which indicates that the possibility of sellers entering and creating a range trend has increased. So, in case of correction, we can consider two supports. The first support is in the range of 0.030 to 0.028 dollars, and the second is in the range of 0.025 dollars. If the price reaches these levels and we see signs of support, we can expect the price to grow. The medium-term target range of $0.062 to $0.070 can be a profit-saving area for medium-term buyers.
by MonoCoinSignal
9
GALA: Channel Down BreakoutTrade setup: Bullish breakout from Channel Down pattern and above $0.025 resistance, which confirms the channel breakout. Price is now up against another resistance (~$0.032) and is getting overbought (RSI > 75). Pattern: Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend: Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance: Nearest Support Zone is $0.017. The nearest Resistance Zone is $0.025, which it broke, then $0.032, and $0.045.
Long
by altFINS
1
GALA: at this point wait to shortOk, here the daily chart: I think that until BTC stays in green various alts could do this dead cat bounces, in this case it's too late to jump on the longs but you could wait for shorts. Considering that a pin bar (shooting star in this case) already happened below the first level at which I'd attempt a short I'd set a sell order over that OB. Let's say around 0.0245 USDT. It might go but also fail, I wouldn't risk too much though so set the SL accordingly. If price oges over 0.255 I'd wait for the second OB to short. I'm still not trading actively because of my dissertation, soon I'll finish it and I'll start again. Good luck
by Shotokhan
4
GALA has registered a 30% growth in the last 24 hoursGALA has registered a 30% growth in the last 24 hours. The price is in a long-term bearish channel on the daily time frame, which has recently generated a strong positive reaction and a strong increase in demand by hitting the $0.01600 support area. This strong return has caused the price to reach the ceiling of the descending channel. According to the type of encounter, there is a possibility of breaking this dynamic resistance and leaving the descending channel. GALA cryptocurrency is in the ranges that were first traded at these prices. You can consider a downward trend line on the RSI indicator in the daily time frame. This trend line is broken and pullback to the range of 29-30 on the RSI; we can expect a strong positive reaction. The break that happened in the $0.020 range was fake, and a return to this range could bring a positive reaction. Strong support is considered in the daily time frame between $0.018 and $0.020, which pullback and return to this area can bring a strong positive reaction. Also, in this time frame, we see an upward spike phase formation. If we observe a reaction to the channel ceiling in the lower time frame, there is a possibility of forming a double ceiling pattern and correcting towards the specified support. The closest support to the current price is considered in the range of $0.0220-0.0226, which could bring a positive reaction. The main static resistance is in the range of $0.0245 to $0.0255, which has seen a negative reaction to this level twice.
by MonoCoinSignal
4