Gala
GALA=1$ Here is why...Hello every one
GALA/USDT
GALA has Done a Massive Pump Due To It's Great Gaming Project But It seems It can Increase Pretty Easily once again! As you can See The Price of GALA has Been Decreasing after It has created a New ATH a few Days ago! But This Correction has Formed a Bullish Pattern which is a Bullish Pennant pattern! The Break out has not Happened yet So we can not Be sure weather our Predictions Will come True Or Not! But If The Break out happens Upwardly, We can See GALA to Reach 1$ Pretty Easily and Afterward Probably 1.10$! There is also a Hidden Bullish Divergence (+HD) On MACD as well Which Helps The Bulls To Make a Decision .
Summery:
-GALA's Bullish Movement is Not Over!
-Bullish Pennant is visible on The Chart.
-No Break out!
-Easy Target=1$
-Resistance at 1.10$
-(+HD) on MACD
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Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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Have a nice day and Good luck
GALA continuing inside a rising channelGala continuing inside an ascending channel. Waiting for any channel breakouts, imminent sell if price breaks under the channel. Potential big breakthough if breakout happens upwards due to Evergrande and recent "harsh" times and dips. 1 dollar price shouldn't be too challenging if a breakout happens.
WILL GALA MAKE ATH AGAIN??After making ATH at 0.8$ GALA is having a correction and is testing 0.5 fibonacci level & EMA20. If GALA breaks and sustain 0.382 fibonacci level LONGS can be taken else if GALA breaks 0.5 fibonacci level sorts can be taken targeting 0.6 level as there is also a EMA50 strong support.
GALA-ETH ATH Prediction 2022Based on the daily GALA-ETH log trendlines, GALA should retreat to 0.00005 ETH (roughly $0.26 at current prices) before seeing an 800% increase to a new ATH of 0.00045 ETH.
GALA primed for a breakout. Is now the timeGALA had a huge runup from $0.10 to $0.75, followed by almost 2 weeks of pullback. It might be ready this time to continue the bull run.
Im seeing early signs of breaking this downtrend, but still need more time to verify and validate.
Fundamental analysis: Gala is my favorite pick over SAND and MANA for the metaverse/gaming sector of crypto. because they have 5 gaming titles, so there is less single-game risk, whereas with SAND and MANA their respective games could fail and the coin would dump.
Gala going?Did some grindage on the trendline from previous charts and broke out above finally. Not on the moon yet, still plenty of resistance above! PA needs to start breaking these resistances and flip them back into support. The quicker the more bullish, the longer it takes the more i would lean toward this still being in a larger corrective structure. If these resistance can not be flipped, it may tumble lower.
GALA/USDT
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Note:
The trend is determined if two consecutive candles are closed inside the movement triangle 1 or 2
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GALA broke a descending resistance on daily (Could rally ~70%)
Just a really quick look at an alt that performed well this year, it's showing signs of another move to the upside (if Bitcoin holds where it's at). Gala recently broke a descending res. that has been holding it down & is sitting under the daily pivot point.
Watch for a successful breakout of the pivot point for confirmation of an imminent rally and possible ~70% move as it moves to find new resistance above.
Keep an Eye on Bitcoin however as Bitcoin could ruin the party.
BINANCE:GALAUSDT COINBASE:GALAUSD CRYPTOCAP:GALA
Breaking out of the Triangle!In my last post, I anticipated a breakout from the symmetrical triangle pattern GALA has been following since the recent plunge. While nothing is guaranteed, if we can push past the strong resistance at $0.53, I think we'll be solidly moving towards a bullish reversal. (As always, BTC performance is a determining factor.)
Gala - Wave AnalysisThe metaverse has seen a lot of movement and volume in recent months. Gala has become a hot topic among the gaming world and large exchanges have added to their markets. I expect to see short opportunities open up as it appears we are in Wave 4 before heading into Wave 5 of Elliott Wave. Let me know what you think with a comment or like.
Disclaimer: *This is not financial advice. These are just ideas and opportunities that I look for in markets.*
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Symmetrical Triangle Pattern / Possible Upcoming BreakoutGala is reaching a pivotal tipping point. It has been following a triangle pattern since the recent market dip. Here is my optimistic prediction, although at this point a breakout in the negative direction is always a possibility. (Highly dependent on performance of BTC)