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Gala

GALA - Good entry timing and TP/SLBYBIT:GALAUSDT 1H trend chart - GALA broke out the downtrend line on 1H, and retested it before. It's kind of support transformation from resistance. Also, there is a potential double bottom formation, so we can take entry here with trading strategy as below. - Profit Targets: a) 0.21050----Fib(1) b) 0.21925~0.22279----Fib(1.272~1.382) c) 0.23037----Fib(2) Stop losses: a) 0.17948----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
2
🔥 GALA Classical Bubble FormationGALA has been one of the hottest cryptos of late 2021. In a mere 2 weeks time, this token gained over 900% profits, all due to the metaverse-hype. However, this metaverse fueled move has caused GALA to make a huge bubble-pattern. I'm sure that you have seen the picture on the left before, so I won't go over it too much. Most importantly, I think that we're currently in the "despair" phase for GALA. Obviously, there's more downside potential, so I drew the purple despair area all the way to $0.08. The dotted line represents the "mean", which is indicative for now. It might hold some value if we assume that the bottom is in. Classically, the despair phase is followed up by a bullish rally. Unsure when this rally will come, but I'm willing to bet that it will start at some point in the coming 3 months. If BTC manages to move past $40k, we might see more funds flowing towards alt. Let's see where GALA will bring us. Happy trading!
by FieryTrading
21
GALAExpecting GALA to stay between Resistance and Weak Support for the Weekend. Direction will be clearer depending on how hard it breaks/rejects the Resistance, GALA has already attempted to break through twice on the 26th and 27th of January. Overall, I think GALA will cruise towards the Support of around ~$0.16 in the next 4 days. When in trade I keep to a strict Risk Management plan and keep an eye on BTC This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades!
Short
by WhoIsWu
Gala Games is WAYYY OVERSOLD.... Peep why I bought Not only do the charts offer 13:2 risk-to-reward ratio, but Gala Games "Town Star" game is gaining in popularity. Google trends and SEMrush both indicate that search volume for "town star" is increasing. Not to mention that Gala has tremendous price support beneath its current levels. If the market offers the opportunity for me to take profits over the short term, I will...But I DON'T mind holding Gala long term with an entry at this level.
by WealthHunters