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GALA / TETHER Standard Futures

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GALAUSDT.PS trade ideas

GALA/USDT gearing up for significant move👀🚀GALA Today Analysis💎Gala USDT is gearing up for a significant move. We've noticed that it's replicating a familiar descending channel pattern. Maintaining strong support will be a key indicator of its bullish momentum. 💎Another observation is that it's trading above the mitigated Order Block (OB). This suggests that the market is preparing for a major bullish surge after the fulfillment of these orders. 💎Additionally, Gala USDT is trading in a high-demand zone, which further supports the potential for a bullish move. 💎We might also witness a retest of the channel support before it takes off upwards. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!
Long
by MyCryptoParadise_Simon
6
GALAUSDT - The price is coming out of the old rangeBINANCE:GALAUSDT goes beyond the resistance of the global descending channel that has been forming for a year. Now the price is forming a wedge. What to expect next? A break of the channel resistance forms a new channel, but at the same time the price is squeezed by the current range boundaries in the wedge format. In the near future, we should expect a retest of resistance followed by a breakout. The altcoin market is starting to revive and a GALA breakout of this area may give us a good potential. There may not be a strong reaction at the moment, as bitcoin is in the correction phase, but the prerequisites are clear on the chart. Support levels: previously broken boundary, 0.02310, 0.1783. Resistance levels: 0.02694 I expect consolidation followed by a breakout of 0.02694 and then a retest of the wedge resistance. The extreme movement may give a signal. Regards R. Linda!
Long
by RLinda
16
✴️ Gala Games Update (120% - 280% Potential Mapped)This is the exact same chart that I shared 23-June; the consolidation is over, the waiting is over, Gala Games is ready to move. In this previous trade idea you can find the full analysis 
✴️ Gala Games Very Strong (New High Within Weeks) Market conditions are the same... No, wait! Not the same but many times better. We have a full green candle today; Ripple won, the Altcoins are bullish and Bitcoin strong. ✔️ We will see 120% easy from this pair, fast, short-term. ✔️ With additional growth within weeks reaching over 250% or more. The targets can be seen on the chart. Thank you for reading. Thank you for your continued support. Namaste.
Long
by AlanSantana
8
GALA : Sell Disclaimer High Risk Investment Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form. A qualified professional should be consulted before making any financial decisions. -------------------------------------------------------------------------------------------------------------------
Short
by TraderBibres2003
2
GALA price is on the verge before a big increase The GALA price is probably tamping the "bottom" now. If we look at the full trading history of GALAUSDT and apply Elliott Wave Analysis, we get the following: (1) a sharp wave of growth occurred in early 2023 and brought the GALA price out of a prolonged downward trend. (2) a protracted six-month correctional wave in the A-B-C format probably ended in June 2023 (3) the 3rd wave, which is considered to be the largest/longest, is probably just emerging. The GALAUSD price has a tough upward path ahead. $0.07 is a strong mirror level, above which a dense liquidity zone begins. We currently assume that the GALAUSDT price will be able to rise to $0.11-0.13 in a few months (x5-x6 from the current price). However, depending on the growth pattern, pace, and other inputs, the targets from above may be recalculated. In this case, we will update the GALAUSDT idea. So, please like, comment, and subscribe if you are interested, and we will provide you with relevant thoughts) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
11