GALA - GALA/USD
GALA - GALA/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: GALAUSD
ISIN:

GALA - GALA/USD - 1H - Technical analysis published on 03/31/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 0.066232 USD
My targets
0.068275 USD (+1.15%)
0.070661 USD (+4.69%)
My analysis
A bullish trend on GALA - GALA/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.066232 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.068275 USD. Then the price could move towards 0.070661 USD. Then 0.072883 USD by extension. Be careful, a return below 0.066232 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GALA - GALA/USD rating is 0.067497 USD. The price registered a decrease of -0.05% on the session with the lowest point at 0.066478 USD and the highest point at 0.068546 USD. The deviation from the price is +1.53% for the low point and -1.53% for the high point.

0.066478
0.068546
0.067497

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning


Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes on GALA - GALA/USD were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this GALA - GALA/USD chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.059150 0.064326 0.066232 0.067497 0.068275 0.070661 0.072883
Change (%) -12.37% -4.70% -1.87% - +1.15% +4.69% +7.98%
Change -0.008347 -0.003171 -0.001265 - +0.000778 +0.003164 +0.005386
Level Intermediate Major Major - Intermediate Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0577000.0610670.0642980.0676650.0708960.0742630.077494
Camarilla0.0657150.0663190.0669240.0675290.0681340.0687390.069344
Woodie0.0576320.0610330.0642300.0676310.0708280.0742290.077426
Fibonacci0.0610670.0635870.0651450.0676650.0701850.0717430.074263


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0476450.0537640.0606460.0667650.0736470.0797660.086648
Camarilla0.0639540.0651460.0663370.0675290.0687210.0699130.071104
Woodie0.0480280.0539550.0610290.0669560.0740300.0799570.087031
Fibonacci0.0537640.0587300.0617980.0667650.0717310.0747990.079766


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0074870.0152750.0274950.0352830.0475030.0552910.067511
Camarilla0.0342120.0360460.0378800.0397140.0415480.0433820.045216
Woodie0.0097020.0163830.0297100.0363910.0497180.0563990.069726
Fibonacci0.0152750.0229180.0276400.0352830.0429260.0476480.055291

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 50.85
MACD (12,26,9): 0.0001
Directional Movement: 1.230745
AROON (14): 71.428572
DEMA (21): 0.067574
Parabolic SAR (0,02-0,02-0,2): 0.068156
Elder Ray (13): -0.000002
Super Trend (3,10): 0.066465
Zig ZAG (10): 0.067457
VORTEX (21): 0.8667
Stochastique (14,3,5): 58.61
TEMA (21): 0.067383
Williams %R (14): -35.99
Chande Momentum Oscillator (20): -0.000031
Repulse (5,40,3): 0.2523
ROCnROLL: 1
TRIX (15,9): 0.0214
Courbe Coppock: 0.61
MA7: 0.067136
MA20: 0.064070
MA50: 0.048079
MA100: 0.036936
MAexp7: 0.067494
MAexp20: 0.067441
MAexp50: 0.067131
MAexp100: 0.066653
Price / MA7: +0.54%
Price / MA20: +5.35%
Price / MA50: +40.39%
Price / MA100: +82.74%
Price / MAexp7: +0.00%
Price / MAexp20: +0.08%
Price / MAexp50: +0.55%
Price / MAexp100: +1.27%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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