💎 Paradisers, let's zoom into GALA/USDT. The daily chart is sketching out a triangle pattern, and there's a bullish divergence hinting from the MACD. However, based on past observations, we might witness a consolidation phase that could last days or even weeks.
💎 For a solid bullish signal, keep an eye out for a break above the triangle pattern's resistance...
Trade Setup with Technical Analysis
#GALA/USDT (BINANCE)1 day chart.
STOP LOSS :- 0.03914
BUY AROUND:- 0.04176
SELL TARGET:- 0.04600
Risky Target 🎯 : - 0.04700 , 0.04900
Fundamental Analysis of #GALA Market Latest updates :-
The social and mobile games company that launched video games Poker and Farmville. As of April 2022, Gala Games has over 1.3 million...
After termendeous sideways market a upside potential can be seen in gala stick to the stopp loss and adjust your profit according to the conditions
NOTE: This is for educational purposes only This is not a call to buy
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5367).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GALAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
As GALA is listed since september and i am analysing in just after one month no proper pattern i could realise but yes, fib retracement is working and charts are respecting it
Levels mentioned in chart !!
