GALAUSDT - BUY THE DIP FOR 70% GAINSEmissary over here.
Hello again everyone.
Today we take a look at Gala Token.
Get ready and set your buy orders at 0.3712. Red box is our high demand zone atm. Just wait, it'll come down.
Buying 0.3712 could get us 70% in the short term.
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Remember this is no financial advise, DYOR and trade at your own pace and risk.
Farewell
Galagames
$GALA/USDT 3h (Binance Futures) Descending trendline breakoutGala Games has been bouncing on 200MA showing bulls are in charge, then regained 50MA, continuation is likely.
Current Price= 0.49987
Buy Entry= 0.50150 - 0.45750
Take Profit= 0.61768 | 0.77065 | 0.93697
Stop Loss= 0.38624
Risk/Reward= 1:1.5 | 1:3.14 | 1:4.94
Expected Profit= +28.95% | +60.89% | +95.61%
Possible Loss= -19.37%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Website: app.gala.games
Contracts:
#ERC20 0x15D4c048F83bd7e37d49eA4C83a07267Ec4203dA
#BEP20 0x7ddee176f665cd201f93eede625770e2fd911990
Putting some respek on it!So it looks like the levels I was watching have been respected pretty well by the PA, but still have some work to do. .61 is a dece level to watch, flipping that would be good for the bulls. Not all sunshine and rainbow farts though. The moves slope would suggest its more corrective in nature, but the more levels it bust up through the better it would look as a sideways correction. ATM there is a chance the initial move down could be counted as a ZZ and a sharper correction, 2xZZ is in the works.
💡Don't miss the great buy opportunity in GALAUSD @GoGalaGamesTrading 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 dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 0.6169
TP2= @ 0.6787
TP3= @ 0.7483
TP4= @ 0.8403
TP5= @ 0.9000
SL= Break below S2
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💡Don't miss the great buy opportunity in GALAUSD @GoGalaGamesTrading 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 dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 0.6169
TP2= @ 0.6787
TP3= @ 0.7483
TP4= @ 0.8403
TP5= @ 0.9000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Gala will try to break triangleLooks like today will be decisive for Gala.
On 4h chart Gala will try to break the triangle.
Ichimoku Cloud gonna be a magnet and try to bring price inside of it.
Btc need to colaborate for this to happen tho.
DYOR before trading and feel free to leave a mesage about this.
Good trades.
Gala Strong Bullish RunAs we saw on my last chart, Gale broke triangle and went inside ichimoku cloud.
Now will try to Break local resistence and fly directly to the Major resistence on 0,58 area.
We are in a uptrend channel.
if we do break the 0,58 we are set to fly to 0,64 area and above. A lot of buy orders on this 58 area.
DYOR before trading and feel free to comment here.
Good Trades.
GALA Break Out!Looking at this 4hr chart it seems that GALA has completed a Bat-like harmonic.
It also appears that GALA has broken out of a descending channel that it has been in since November 26th when it peaked at just over $0.84.
My whiskers are telling me that Gala Games will be a major player in the metaverse and play to earn spaces. For me, this means that it has good long term upside potential.
If GALA continues to perform and Gala Games continues to produce then I will be howling for the moon for GALA!
What do you think about Gala Games? Do you hold any NFTs for any of their games?
Owhooooo!
GALA rising channel money makerGALA is still continuing inside an ascending channel. Buying the dips and selling the tops is a nobrainer here, but watch out for the "inevitable" channel breakthrough at either 0.58 or 0.6.
If there aren't any Evergrande like news coming up, hopefully the channel won't break at the bottom.
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.
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 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 - 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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gala, which path to folla?Trend line holding it down! Need to break out of this channel from my last chart! It looks like the omld happened, a bit deeper then expected, but theres a possibility that sharp correction is over. Doesnt mean moon at the moment. The move down could be a subwave of a larger structure. That is the bullish interpretation. The circle could also potentially be an impulse down, which would mean a lower low. Breaking .586 would invalidate that possibility.
GALA slowly crawling up after bounce off support areaCOINBASE:GALAUSD
GALAUSD is slowly moving up after a bounce of the support area (based on ICT bullish order block) and Fibonacci retracement.
There was a company event on Dec. 6th, a vox drop with NFTs being sold in Gala Token that seems to have helped the price recovery.
Total Crypto Market Cap along with BTC are looking like they are back in the bullish mood, also hopefully we will have good news that the Omicron variant is not as severe as the Delta. That could put risk-on assets back into positive momentum. The USD is still very strong but seems to be in a sideways consolidation from Nov 30ths FED speech.
GALA bouncing off support again NFT drop tomorrowCOINBASE:GALAUSD
I know I'm sounding like a broken record on Gala, but it seems to be recovering from the crash and after this retrace is bouncing off support.
On Dec. 6th the company is having a vox drop that will use gala token to buy NFTS, so watch to see if this could cause the price to continue moving up.
Gala played out nicelyI expected this dip to come as you can see in my previous idea post. I would’ve entered a long position in gala but I didn’t see a the big bounce off support that I wanted to see. So I’m just going to leave this.
BTC is also still dropping and currently below my support & I think it will bring the metaverse market down with it
What do I know tho I’m just an average trader lol