GALAUSD Monthly S/R| Higher Low Pull Back| .618 Fibaoncci|OBEvening Traders,
Today’s second analysis – GALAUSDT- rejection from its Monthly S/R and is looking for a higher low,
Points to consider,
- Price action impulsive
- .618 Fibaoncci Resistance
- Order Block support
- Key Swing Low
GALAUSDT’s immidate price action has found resistance from its Monthly level that is in confluence with the .618 Fibonacci, allowing for a bearish bias.
The immediate objective is the lower Bullish OB, this area has the .618 Fibonacci support and a key swing low
Holding this area will allow for a potential higher low, and a long position
Overall, in my opinion, GALAUSDT is a valid long after a pull back with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
GALAUSDT.P trade ideas
🔥 GALA Rising Wedge: Wait For TriggerGALA has been one of the leading bulls over the last few weeks. However, a rising wedge pattern has emerged on the chart. Rising wedge patterns are classically bearish reversal patterns.
I'm waiting for a break of the bottom support of the pattern. Targets in blue.
Be patient for the break out, it might very well be the case that it won't come at all and that we keep moving up.
After all, I think that GALA will continue to move up over the next few weeks.
GALAUSDT NEST MOVE!!!!!Here you can see GALAUSDT in 1 day time frame has a SUPPORT at the zone "0.04305". And the candle already has taken BREAKOUT from the yellow reandline and if the candle tries to take retest in the trendline we can see a good ullish movement in price. So you can go for a risky LONG TRADE at the support zone. and if the price takes breakout from the support then we can see a good downfall in the market.
GALA Forecast ✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
can hit the Chinese man hair !gala now is about to breakout this correction area
we had 21 22 jan are great dates .. may can supporting the impulse wave to start.
the wave targets :
0.084
0.10500
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you can buy after break 0.05050
or from the support 0.041 to 0.042
the target date end in 4-february
GALA Coin : "Words are useless when the target is clear..."Hi everyone!
As we said "Words are useless when the target is clear..." and Gala coin could trigger an interesting technical rebound in the medium term. That said, even if the main trend is still bearish, we think that an accumulation strategy could be the right choice, so starting tomorrow.... "Buy the dip!". In conclusion, we see a potential first bullish target around 0.1123 area.
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
GALA usdt idea✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
GalaHi,
Recently we saw BTC finally have it's pullback, which did cause Gala to drop quite a bit
but we managed to bounce off at 0.382 0.0040 a big drop, bigger than expected with that said
i believe the price may drop to 0.036 that is if BTC continues to fall
on the image below, on the smaller time frame of 45 min. You can see the price has stuck in same position for a while now, which suggest if we do not move any time Sonner in the next 4 hrs i see more downtrend
On the smaller time frames, 5min there is always chance for scalping
Any feedback is much apricated thanks