GALA USDT 1 Day TF Bullish MomentumBINANCE:GALAUSDT
GALA USDT 1 Day TF Analysis. Bullish Momentum Shows
Examining the GALA USDT price action, we notice promising indications of bullish momentum. After a 10-day consolidation period,
Currently break the H.L that is also good sign for price move upward direction in coming days.
(RSI) is also showing a bullish divergence on the charts, further supporting the bullish case. Traders may consider long positions with a tight stop loss (SL) strategy.
Disclaimer: It's essential to emphasize that this information is not intended as financial advice. Conduct thorough research and due diligence before making any trading decisions. Financial markets carry inherent risks due to their volatility, and the provided information is for informational purposes only.
GALAXUSDT.3L trade ideas
GALA/USDT Break Descending channel, Bullish Momentum for Gala ??💎 GALA has certainly grabbed our attention. Alert on the horizon! GALA has successfully broken through the descending channel pattern, marked by a robust bullish candle, signaling a positive momentum for GALA.
💎 Additionally, GALA has managed to surpass a historically strong resistance level that had previously thwarted its advances multiple times. Now, having broken through both the descending channel and this resistance, GALA is in a retesting phase, gearing up for a potential climb towards the proximate supply zone at $0.01445.
💎 Should GALA manage to breach the $0.01445 supply zone, it could smoothly sail towards the more formidable supply area. However, if it faces rejection at this supply zone, it might descend to retest the previously broken resistance, which could now act as a support, gathering momentum for another upward push.
💎 On the flip side, if GALA exhibits a false breakout, meaning it fails to maintain its position and closes below the recently breached resistance, it could be indicative of a downward trajectory towards a critical support level.
What direction will the Gala currency go after the fall?After the drop that we saw, it has hit an important support level
The block order of this currency is at 0.01457 in 4 hours
The price of this currency's block is 0.021 in one day
The last time it hit this support was accompanied by a price jump
I expect to see an increase from this price
Gala Coin's Price Mirroring Bitcoin
In a future bull run, Bitcoin's rising prominence and mainstream adoption will likely drive greater interest in cryptocurrencies. Investors flocking to Bitcoin often explore altcoins like Gala Coin for diversification and higher returns. This increased demand can propel Gala's price, as it benefits from Bitcoin's momentum and broader market optimism.
GALA Keep eye BULLISH Break OutIn 2023, Gala Coin is poised for substantial value appreciation due to its growing ecosystem and strategic developments. Gala Games' expanding lineup of blockchain-based games and partnerships is likely to attract a larger user base, increasing the demand for Gala Coin. Additionally, the cryptocurrency market's maturation and acceptance can drive more investors toward promising altcoins like Gala Coin, seeking diversification beyond established assets. Continued innovation and community engagement efforts by Gala Games are expected to introduce exciting features and utility for Gala Coin, further enhancing its value. While volatility persists, 2023 holds significant potential for Gala Coin's value to rise.
GALA /USDT bulish ride? 👀 🚀 GALA Today Analysis💎Paradisers,GALAUSDT! After a recent rebuff from the supply zone, it's reigniting its bullish spark, setting the stage for a captivating shift.
💎In the past, GALA navigated within a descending channel for an extended period. However, it broke free, embarking on a bullish trajectory, only to face resistance at the 0.01653 supply mark. Now, with renewed bullish energy, we're hopeful it'll challenge that supply level once more.
💎 Additionally, there's a formation of a bullish flag pattern. A break above this pattern could propel GALA to significant heights. On the flip side, if it dips below the 0.01490 demand level, be prepared for a notable downward shift.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
GALA - too early to become bullHello, everyone!
Despite INDEX:GALA is pumping like we said in our last analysis, it looks like it's still too early for the bull run on this asset. We defined the working time frame is 1D and all Elliott waves counting will be on this chart.
Awesome Oscillator is the best tool to define the wave 3 bottom, now it crossed over the zero line. It means that wave 4 minimal requirement is completed. Anyway it's likely to see the pump continuation to 0.38-0.5 Fibonacci retracement zone, which is natural wave 4 target. So, $0.019 is real target for GALA.
Then we expect the dump in wave 5 to approximately $0.01. This asset has very clear EW structure, so we pretty sure that this scenario plays out.
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Bullish Momentum Alert: Buy for Maximum Gains**Gala (GALA)** is a blockchain-based gaming platform that allows players to own and trade in-game assets. GALA is the native cryptocurrency of the Gala platform and is used to purchase in-game items, such as characters, land, and items.
**Fundamental Analysis**
Gala is a unique gaming platform in that it gives players ownership of their in-game assets. This allows players to trade and sell their assets, and to earn rewards for playing games. Gala is also one of the first gaming platforms to use blockchain technology.
Gala has a number of partnerships with leading game developers and publishers. For example, Gala has partnered with Ubisoft to develop a new blockchain-based game called "Tom Clancy's Ghost Recon Breakpoint." Gala has also partnered with Sony to develop a new blockchain-based console.
**Recent News**
On September 26, 2023, Gala announced that it had partnered with Metap Inc., a leading provider of digital asset custody solutions. This partnership will allow Gala to offer its clients a secure and compliant way to store their digital assets.
On September 22, 2023, Gala announced that it had been selected by the World Economic Forum to participate in its Blockchain for Social Impact initiative. This initiative aims to use blockchain technology to solve some of the world's most pressing social problems.
**Disclaimer**
Cryptocurrencies are volatile assets and prices can fluctuate wildly. It is important to do your own research before investing in any cryptocurrency.
GALA BREAKOUT DONE 💥💥#GALA Analysis : Breakout 💸💸
🔮#GALA was testing a crucial key level and following a falling wedge pattern. Now we can see a perfect breakout here in #GALA. It indicates the start of an upward trend. 💲💲
👀Current Price: $0.001588
🚀 Target Price: $0.003000
⚡️What to do ?
👀 Keep an eye on #GALA price action and volume. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#GALA #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
GALA looks good for a bounceGALA broke out on stochastic on a daily timeframe. If we can close above the red trendline on Price action marked in the chart along with the trendline on stochastic it looks a great long to me for 1 to 3 RR.
The RR is very juicy, but I would wait for a daily closure today.
GALA UPDATEGALA UPDATE: GALA is still in bearish zone on daily TF. You need to wait for GALA to break above 0.01615 on daily TF if not this move is just a bearish retest and GALA will need to head to 0.01487 for for another daily support…. In short, is either you wait for daily to close above 0.01615 or you set a long limit order at 0.01487
Always learn to manage your risk
GALA is gaining upside momentumHello, everyone!
Couple of weeks ago we made analysis on GALA where considered that it's closed to it's bottom. Since then this asset is staying at the same level and most of traders disbelieved in the any potential bounce.
If you remember 2D is our working time frame to establish the Elliott waves cycle. Usually we have 3 confirmations of the reversal: bullish reversal bar, then AO momentum reversal and finally fractal breakout.
This bullish reversal bar is not an obligatory condition, it could be or not. AO reversal is obligatory one. Here we have 3 green bar on AO histogram. The key level for reversal confirmation was the yellow line. Price has successfully passed this line.
Moreover MFI has printed the squat bar at the very bottom and green bar is about to be printed today which is another one bullish factor here. If we are right minimal target is $0.02 where the Fibonacci 0.61 zone is located.
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GALA ANALYSIS🟢#GALA Analysis : Waiting for Breakout 💰💰
🚀🚀As we can see that #GALA is trading in a falling wedge. If it breakout with good volume then we can see a big bullish move in #GALA 📈📈
🔖 Current Price: $0.01340
⏳️ Target Price: $0.04375
⁉️ What to do?
- According to the analysis #GALA will go up to 0.04375. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#GALAAnalysis #Cryptocurrency #WaitingforBreakout #DYOR
GALA 📌 macro analysis ⏰
BINANCE:GALAUSD :: long term 📌 analysis ⏰
#dyor #NFA gaming coin 🎮
Detailed information ( #explaination )
🐿
SUPPORT 📌 $0.0134-0.01506
< #BUY > 📌 $0.00903-0.0104
RESISTANCE 📌 $0.112-0.163 < #sell >
( very high resistance make it as #principaltrade )
After breaking resistance 📌 weekend candle close above
Possible target 📌 $0.5-0.53 & $1.98-2.1
#explanation
Gaming coins 😊 Strom community and project
Recently effect in news 🗞️ if this take hard 📌 turn risky to holders like #ftx
I am expecting $0.1-0.15 will be bull top 🔝 but based on comfirm we can move
I will update you 👍 or remind me 😊
I am not expecting it will reach support 2 📍 but news 🗞️ getting hard 📌 it will hit easily
Until FEBRUARY 2024 coin have bearish 📍 phase 📍
March 2025 will be decided phase 📍 on this coin 🪙
Risk is high 👍
Recommend position size 1%
Old user's try to average 60% at support 1
40% at support 2 📍 based on ur old liquid 💰
Or ask here 👍
GALA - just one more dump!Hello, dear friends!
Last time I have too many analysis updates on INDEX:GALA . Some of you could think that I am their ambassador, but it's not true. This asset just in the nice price range to accumulate some coins. You have already seen my global analysis that bottom is almost here.
Today I will show you the local price action analysis. the fact that price set the new lower low means that we are in new bearish impulsive wave. I think this is wave 5. This wave should also consists of 5 waves. It looks like wave 4 has been finished and wave 5 in wave 5 is in progress.
I expect the dump slightly below current low. If Awesome oscillator will show divergence it's gonna be the nice reversal sign.
Best regards, Skyrex team
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