GALAUSDT.PS trade ideas
The GALA rocket has not yet run out of fuelIn the related analysis, you can see the previous analysis of GALA, we are from the bottom with GALA.
Our first supply was broken, now we have fixed on this supply.
It is expected to get support from the green box after one or two more tests.
The next target is marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
🎮 GALA Gaming Token Trade Setup 🎮
📉 Analysis:
Token Overview: GALA, a gaming token, has seen strong performance but recently corrected.
Market Context: Anticipate a relief bounce pending stability in BTC, which could affect GALA's movement.
Risk Consideration: This scalp trade is high-risk due to BTC's influence; tight stop-loss is crucial.
📊 Trade Setup:
Entry Point: Consider a long spot trade within the $0.058 - $0.065 support zone, pending BTC stability.
Target: Take profit at $0.07, with the next resistance at $0.08.
Stop Loss: Set a tight stop loss just below $0.056 to manage risk effectively.
📈 Note: Given the speculative nature of the trade and its dependency on BTC's movement, closely monitor market conditions and adjust the strategy accordingly.
GALAThe GALA cryptocurrency is currently showing a bearish flag pattern, indicating a potential price decrease. Additionally, there has been the formation of a head and shoulders pattern around 0.08000, which I previously mentioned in my analysis. This could further contribute to a potential price drop.
#galal/ usat#gala
The price is moving in a downward channel on frame 1. hour.
We are about to break that channel upward.
We have higher moving average. 100.
We have a trend on the RSI indicator that is about to break
,the entry price 0.07132.
The first target is 0.07152.
I The second target is 0.08152.
Third target is 0.08827.
GALA SPOT Price Prediction 2024GALA price prediction, the price of GALA is predicted to drop by -7.24% and reach $ 0.26416 by apr 15, 2024. According to our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing (Greed). GALA recorded 18/30 (60%) green days with 7.88% price volatility over the last 30 days. Based on our GALA forecast, it's now a good time to buy GALA.
GALA Primed For More Upside In Crypto - How To Buy The DipsThis current dip on GALA will be the last best buying opportunity for it's current trend.
Crypto is famous for running flat corrections that make higher highs and higher lows. In fact, it's the most popular type of correction in all bull markets.
These types of corrections leave traders chasing after price as they are uninformed on how to take advantage of them.
In this video, I share how to buy the dips on GALA starting with this one. I share two trade setups with two different strategies and clear step by step conditions that need to get met in order to execute this trade.
Let me know in the comments if you agree or disagree with the upside I'm projecting. Do you think these trades will work out?
Follow if you want to make 2024 your most transformational year in the crypto markets. I'll take you by the hand in these Tradingview updates.
I've been trading in crypto full time for over 6 years since 2017 and I've thrived through every bull market, outperforming bitcoin's performance every time. This bull market will be the same.
But..
It's going to take strategic navigation of shifting between crypto's and some diversification.
I leverage expert research companies to feed me the next best projects coming out and then I overlay my technical system to the charts to time my entries, manage my risk, and maximize my profits.
Join me in making 2024 another life changing year!
GALAUSDT Bull flag/ downward channel in play…Downward channel / bull flag in play.
Reckon price will retrace to the 0.5 fib level before thinking about a continuation.
May see a wick down to 0.618 level and find support here along with the 50 EMA (4HR timeframe) and order block serving as additional psychological support.
GALA Games - All Time High sooner than we think by CryptoVatsikHi everyone,
GALA games will hit an ATH sooner than we think, imho.
As the bullrun heats up, altcoins will fly faster than we can responsibly manage. With that said, in my opinion GALA has not yet reached its expansion zone, yet.
GALA has recently flipped the green baseline area, which is bullish. I'd expect a reasonable, healthy, and logical correction toward green in the coming weeks.
We are currently trading in active HTF resistance (red) and I don't expect it will be easily flipped, perhaps I am wrong! We should at least get some consolidation over the coming week(s) imo.
Either way, once that resistance is flipped, I believe we will see significant expansion to 0.20c and above.
This is a long setup, yes, however with expected short term downside, so please do not immediately long GALA based on this post and analyze carefully.
Cheers!
Vatsik