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GALA / TETHER Standard Futures

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GALAUSDT.PS trade ideas

#GALA/USDT#GALA The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it We have a downtrend on the RSI indicator that is expected to break upwards and we have a tendency to stabilize above it We have a major support level in green at a price of 0.01800 We have a tendency to stabilize above the moving average 100 Entry price 0.01850 First target 0.01955 Second target 0.02060 Third target 0.02176
Long
by CryptoAnalystSignal
2
GALA LONG ✉️ Pair: GALAUSDT 📈 Direction: Long 💯 Leverage: Cross 5X - 10X - 20X 📊 Entry 1: $0.01830 📊 Entry 2 (DCA): $0.01500 ✅ Target 1: $0.03200 (I recommend selling 20-30% of your position) ✅ Target 2: $0.03800 (I recommend selling 20-30% of your position) ✅ Target 3: $0.04500 (I recommend selling 20-30% of your position) ✅ Target 4: $0.05200 (I recommend selling the remaining position) ⛔️ Stop Loss: $0.01400 GALA is trading within a descending channel and nearing a key demand zone. The price is testing a critical level around $0.01830, which could lead to a significant bullish breakout if sustained momentum is achieved. If the price manages to break above and confirm the breakout of the descending resistance, it could signal a trend reversal. In this case, entry is recommended at $0.01830, with a second buying opportunity (DCA) at $0.01500. The targets are set based on potential recovery and trend reversal: Target 1 at $0.03200 reflects a significant initial resistance. I recommend selling 20-30% of your position at this level. Target 2 at $0.03800 and Target 3 at $0.04500 are higher resistance levels that could be reached during a positive trend. I recommend selling 20-30% of your position at each of these levels. Target 4 at $0.05200 is a more ambitious long-term goal, considering a complete reversal of the descending trend. I recommend selling the remaining position at this level. The stop loss is set at $0.01400 to limit risks in case of further decline below the major support level. DON`T FORGET TO BOOST
Long
by clasaicrypto
GALA Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: INDEX:GALA is currently showing a rebound, holding support at $0.0205, and it is likely to rally once we see a breakout and close above the $0.033 resistance trendline. The 35 EMA is acting as the primary resistance for GALA, and it must break above it to continue the rally. Key levels: - Crucial Support: $0.0205. - Primary Resistance: 35 EMA ($0.02565). - Resistance Trendline: $0.033. - Target: $0.0867. - Invalidation Point: A close below $0.0205. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
A descending triangleA descending triangle is a technical analysis chart pattern used in trading and investing. It's a bearish continuation pattern that forms when: 1. A price consolidates within a triangle, with 2. A falling upper trendline (resistance) and 3. A flat lower trendline (support). The descending triangle indicates a breakdown below the support level, suggesting a continued downward price move. It's considered a reliable pattern, as it shows selling pressure increasing while buying pressure decreases. Key points: - The pattern typically forms during a downtrend. - The falling resistance line shows decreasing demand. - The flat support line represents a level of supply. - A breakdown below the support level confirms the pattern. - The target price is estimated by measuring the height of the triangle and subtracting it from the breakdown point. The descending triangle is a strong indication of a potential price drop, and traders often use it as a signal to sell or short a price. As with any chart pattern, it's essential to combine it with other technical and fundamental analysis tools for confirmation.
Short
by De_Dommex
GALA TREND ANALYSISWaited awhile for pice to come to the .25 zone but it finally did for a retest of the macro falling wedge it broke out from. Also lines up with rising channel if you disregard the bigger correction. Now, looking at the weekly ichimoku cloud. When I see cloud wall like this on the weekly, I get very excited. Certain assets that pump well, can run the face of these cloud walls and GALA has a history of being able to pump. Refer to TRIAS and SHIB on the weekly and you will see that both coins completed the weekly cloud wall pumps. Will it hit .40? We shall find out. But not in GALA hodl mode as I believe alt season is beginning as BTC grabbed support and could soon see new highs.
Long
by wesheets
GALA — Oversold RSI, Local Bottom → 16% Upside PotentialGALA found a local bottom at $0.027 and printed a reversal candle on the daily chart. Additionally, the RSI and Stochastic Oscillator hit oversold levels. Moreover, the crypto token performed well during Bitcoin's dip yesterday. Therefore, it is likely that GALA will enter a bullish direction. The next resistance is $0.032, resulting in a 15%-16% profit potential. Historically, the oversold RSI on the daily chart resulted in some pretty solid gains: Out of 62 signals, GALA pumped more than 10% in 82%.
Long
by ben_walther