Gala
How to avoid✅the BULL trap and make a profit on GMT❓GMT is exit🔻the massive value area of $0.9-1.09 which was the support for the price. Now this value area become a resistance and GMT need to accumulate enough power✅to break it and grow higher.
GMT need to make a pullback to trap the long traders (bulls) and collect all the liquidity of retailers.
📊Preconditions to open a long:
🔥the false breakout of the key level $0.8035. The price start to pump if whales collect enough liquidity to open their longs. Additionally, there is the $0.8-0,82 value area which will be support for the price. So the rebounce is highly possible.
🔥the volume growth - confirmation ✅ of the whales` huge purchases
🔥bullish BTC help reach the targets for GMT
🚩After the false breakout the price start to squeeze to the trendline so it will be the good chance to open a trade with clear sl and tp.
The targets:
1️⃣ $1.165 - key level
2️⃣ $1.35-1.426 - value area
💻Friends, press the "like"👍 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.
I doubt about sign of bullishOn daily chart
BINANCE:GALAUSDT touched at this level 0.0442 twice and bounce back. This signal can make a double bottom to create an optimistic but I doubt about this sign.
Price action just above middle line of channel and closest candle which has lowest price of the day. Both of signs aren't good for a bullish.
Besides, GALA has a next support at 0.02533.
Let's wait and see
GALA broke out#GALA/USDT
$GALA broke out descending resistance and long term descending resistance, and price is above support zone.
🐻 price may continue pullback to support zone around $0.039 then start a new rally.
🐮 or it is possible to rise from here as long as price stay above $0.45, also RSI hold above HMA which is a bullish sign.
GALUSDT - growth by 14%triangle retest, after that growth on volumes, I think this is a good signal to buy
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GALA a quick lookJust a fast chart i threw together hoping to catch a nice pump from GALA
Well see how it plays out :D
📈Gala #GALA $GALA (Jul-19)After breaking out of the downtrend formed from the end of May until now, the buying force is being pushed strongly into GALA. In the near term we can expect a strong rally to the $0.09 area, which is a very strong resistance area that GALA will have a hard time breaking through. But if it approaches the $0.09 zone then it has proven to be very potential in the future and will rise sharply to the $0.13 zone.
We can accumulate GALA in the range of $0.05-0.055 and need to be cautious if it loses the $0.05 zone as it will need more time to start the next uptrend.
BE CAREFUL IF YOU ARE HOLDING GALA.Hey guys, here's a quick update on GALA/USD. Please note that I am not sharing any trade setup on GALA. This update is based on T.A and chart patterns.
Timeframe: 6 hours.
Update: GALA is under a head & shoulder pattern which is technically a bearish pattern. It has already broken down below the support level and is currently in the retest zone. There is two main resistance holding GALA to break through- 1) 21 MA Resistance presently at $0.04941. 2) $0.05245 Resistance trendline.
With the recent rally in BTC, there weren't a lot of changes in GALA's price.
Invalidation Point: The only invalidation level for GALA is $0.05245 resistance (previously support). If GALA break through this then the trend will get reverse and GALA will rally high.
Conclusion: If you are holding long on GAL then keep your SL tight and if you are short on GALA then keep an eye on the mentioned resistance level.
Trade safely, guys.
If this idea makes sense then do like, comment, and follow. That's how we support each other.
Thank you.
Is GALA preparing for takeoff?over the last week we've seen BTC ETH, and most Alts rally above previous lows and break previous swing highs, However GALA remains dormant.
-GALA took support and saw immense buying pressure after returning to one of it's fist swing lows levels from September of 2021 after it's initial pump.
-However, on the HTF it has made a break through previous resistance and is now holding support around .0575
-If GALA can continue to show strength near these lows, we have the potential to see a similar result as we've seen from BTC & ETH over the past few days.
I'm bullish as long as we can hold this support line, around .0575
GALAUSDT Breakout of the wedge can bring your deposit 16%Hello everyone
I have prepared a new signal for you, every day 10 profitable tasks for the Russian and English audience, I think it will not be difficult to send a like and comment on the idea, your feedback is very important to me
Let's move on to new ideas for GALA
On the falling wedge formation chart, the price is approaching the test of the upper border of the pattern, we expect a limited break to the true resistance, the trade is 16%
It is also recommended to pay attention to Bitcoin, if this is a passenger quick squeeze, we advise you to set a take on the car.
Gala - Bears are at danger!Reasons to take long:
⭐️ BTC bullish
⭐️ Trendline is 38 days old
⭐️ Trendline is clean
⭐️ In the end of local formation
⭐️ Slowly squeezing to the trendline
⭐️ Stoplosses hidden behind pinbar
⭐️ 4th touch
⭐️ 50 ATR
⭐️ Over VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
🚀SOL looks strong. Check out this scenarioSolana looks strong and grow higher than 99% of alts. Despite the problem with it`s blockchain SOL already grow by 67% to local highs and by 27% to the current price.
📊A lot of buyers appear at the bottom of SOL. It confirms us that the newbees sell HUGE amount of their altcoins to WHALES. If the whales are ready to buy SOL, we need to be ready for growth. We talk for 1 lesson about how to avoid this common traders mistakes in mini course for cryptotraders✅ Enjoy!
Now the price of the alt is consolidating in the triangle making HL and LH. It`s probably the best pattern on crypo market for traders who trade false breakouts. False breakout of the triangle is what we have to wait now.
📊Preconditions to open a long:
🔥false breakout or local manipulations with liquidity collection
🔥volume growth after the false breakout at the local lows
🔥squeeze to the trendline
🔥BTC bull sentiment
The targets:
1️⃣$38-40 - the closest value area
2️⃣$50-53 - the value area. Possibility to reach this area is not so high in short-term, if BTC will not shows it`s strength.
🚩About when BTC will start it`s growth here.
💻Friends, press the "like"👍 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.
📊GALA is going to break the trandline! Here is entry point.The big player continue to accumulate GALA and hold it. Such amount of volume at the bottom confirm✅ for us that buyers are continue to buy GALA.
Additionally, after the breakout of the $0.49 local low and key level the volume grow. It`s also mean that the whales collect liquidity for their long positions. A lot of traders place the sl below the KEY level and all of them were trigerred.
This is good for us traders who are patiently waiting for the best entry point and let us opportunity to make good %%%.
📊You have to see this preconditions to open a long:
🔥squeeze to the trendline
🔥local manipulation with sl hunting and liquidity collections. The volume should grow. It shows us the pressence of buyer
🔥BTC bullish sentiment which push the altcoins up
🚩The targets:
$0.59 - key level (+25%)
$0.7 - key level (+50%)
$0.79-0.85 - value area (+63%)
💻Friends, press the "like"👍 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.
GALA/USDT : Right above the last local support BINANCE:GALAUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$GALA has formed a local bottom at $0.05 and the local low is at $0.049.
The current structure has some similarities to our recent $ADA's chart on 12H TF which has given us more than %50 profit.
Now if we compare the movements, We can see that If $GAL breaks below $0.049 with a hold, Then you can locate your Short towards $0.03.
📚 Most of our current calls have higher than 2.5R and it's good to trade, But all you need to know is, That as we're trailing stop-losses to entry after 0.5R profit, Then you need to focus on your accuracy; You need at least 52% accuracy and the golden accuracy for our strategy is to hold it above %60!
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades