Galagames
Short term rally in $GALA? $.037-$.048 target?A chance at 40%+-80%+ returns?
I know nothing about Gala, but the chart looks very bullish.
The chart looks like it's formed a large falling wedge which broke out and then formed an ascending triangle bottom. Upon a breakout of the triangle, I think $GALA rallies to at least $.037 but I think eventually it gets up to $.048.
GALA is in the critical PositionAccording to the Chart Gala is in the bottom of the Triangle an it can goes in both direction. if the dynamic support line break out we can have a bearish move in Gala , and if the dynamic support line do his job and then break the dynamic resistance line we can have bullish move up to the ATH resistance level.
we should wait and see what will happen in the near future.
good luck, please like , comment and share to support us. Thank you
#GAL/USDT DAILY BREAKOUT AND RETEST TO PUMP 200% !Welcome to this quick GAL/USDT analysis.
I have tried to bring the best possible outcome in this chart.
Reason for trade:- GAL/USDT is a Breakout and retest complete buy the dip
SPOT CALL
Hold it for a long time to come, it can give good profit, as BTC will pump, all the calls will give you good profit and most important stop loss
Entry:- CMP and $1.95
Traget:- 200%
Stoploss:- $1.93
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
GALA/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #GALA/USDT ⚡️⚡️
Client: My-ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (3X)
Entry Targets:
1) 0.04149 - 100.0%
Take-Profit Targets:
1) 0.04275 - 20.0%
2) 0.04398 - 20.0%
3) 0.04611 - 20.0%
4) 0.04804 - 20.0%
5) 0.04942 - 20.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.833%)
Stop: Breakeven -
Trigger: Target (1)
🔥🔻GALA DESTROYED? The hacker minted 56B of GALA coins❗🔥Hi friends! Bad news for GALA. According to some reports, unknown persons have minted ~55.6 billion pGALA synthetic tokens worth up to $2.2 billion through the PancakeSwap decentralized exchange (DEX).
✅ The hacker managed to sell only 12,977 BNB, which he bought for printed GALA. The total "profit" is $4-5 million.
📊 First of all I should say that GALA wasn't hacked because it based on ETH blockchain. The hackers attacked the pGALA coins which is used on the PancakeSwap.This information confirm the President of Blockchain of Gala Games.
✅Also GALA wasn't hacked due to the official Twitter account of GALA Games. I think they mean tockens on the exchanges that based on the ETH blockchain.
📊 SO WHY THE PRICE OF GALA DUMPED?
The coin price fall because of the panic and arbitrage of some market players. Huobi exchange decided to delist the coin because the arbitrageurs collapsed the price by almost -80-90%.
🚩 On Binance, the coin fell by -34%🔻, but the exchange blocked the withdrawal/deposit to avoid the manipulation with price.
📊 WILL GALA CONTINUE TO DUMP?
So as you all understand now, the price DUMP based not only on the hacker attack but because of the panic and arbitrageurs. I think that in a few days the price return to it's previous conditions.
I recommend to check my latest idea on GALA. The price already make +42-45% from our entry point. I hope my subscribers book the profit and close the part of position in the breakeven.
I think that we can left the same targets. The main task for now is to find the best entry point for long positions. Of course, look at the BITCOIN to choose the direction of altcoins movements. If BTC is bullish, all altcoins is bullish too.
🚩 FUN FACT. In addition to the fact that Bitcoin finally started its growth, October was a record month for the number of hacks. During the month, hackers stole almost $657.2 million in crypto. Now we can call October not only Uptober but Hacktober.
Traders, do you sell or buy GALA on this DUMP? What will happen to GALA in upcoming days? Write your thoughts in the comments.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🚩✅ The 3 target for GALA, if the market reverse now!Hi friends! Now the price of GALA inside the channel and the 2nd test of lower boundary is possible, but only in case if BTC fall to $16-17k.
I think that the most possible scenario is continue of consolidation or local growth to the 3 targets that i mention below.
📊 The main reasons to open a long:
🔥 trap of the retail traders and volume growth at the bottom. It confirms the pressence of buyer for us
🔥 squeeze to the upper voundary of the channel
🔥 whales buy orders on DOM and Footprint scalping tools
🔥 bullish BTC will push the price of entire crypto market higher and higher
🚩 Can you image how many short are currently opened by retailers after 80-90% DUMP? I think that the liquidation of this short position could cause the HUGE pump of this Game-Fi project. The short traders become the fuel🔥 for the highly possible grow.
✅ Close your long in profit here:
1. $0.044 - the key level
2. $0.51-0.55 - the value area and strong resistance
3. $0.074 - the local high and key level
I recommend you to book at least the 60-70% of profit when the orice reach the 2nd target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Gala gained somethingGuys gala has shown some deflection to the price action.
It has gained a little lost volume and has started increasing its support to 0.03266
I told you guys to short gala to 0.03280 congratulations to those who gained 115% profit.
After that now gala has decreased incredibly and the gala games is terribly oversold.
It will increase to 0.053
When will the GALA GAMES come to life ?It's been almost two months since our previous GALAUSDT idea was published
And as we can see, working out the red scenario from the idea above is nearing completion.
The GALA price is now in the liquidity zone of $0.035-0.040, where you can try to buy longs. Of course, if you believe in the project and in the further dynamic development of the gaming sector in the cryptocurrency market.
As for the goals from above, in the case of growth, the first buyers will be met by the same liquidity zone of $0.07-0.08, which has not let the price go higher twice already.
The global target for growth is around $0.18
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📊The whales trapped the traders on GALA! Should we open a long❓Hi friedns! I expect the pullback after such massive drop. Of course here we can find the nice entry point to open the longs and in this idea I'll explain the preconditions to open a long.
✅First of all look at the big orders which the whales placed to buy more crypto below the local lows of $0.39. It will be the main precondition to open a long.
✅The volume growth confirm you that someone biught a lot of GALA at the bottom. Look at the volume indicator. Do you see how many times the volume growth at the bottom❓ Now i expect the same!
✅The squeeze to the trendline help you to understand the willingness of the whales to push the price higher.
🚩 Bullish BTC helps the GALA at to reach at least it`s firts target.
📊 The targets for the long are the biggest value areas:
1️⃣ $0.51-0.55
2️⃣ $0.59-0.61
✅ Also pay attention to the first value area which close to the trendline. There are pottential reversal area where you can book some profit or close you trade and try to find the best entry to short.
🔥Traders, is this idea was usefull for you? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
GALA - Supply vs Demand, who wins?GALA has been relatively weak here when others are showing strength, but that is fine imo because not everyone can show up on time. I've taken a fractal from something we saw before not long ago, that is exactly how I want to see this playing out for a long position.
Retest back down to top of demand zone with a strong punch up, many coins looking very similar to this at the moment. The fractal is stretched to display the overall structure I want to see, dipped into demand with a break in MS and bullish retest, ultimately followed by a strong move up.
Would place SL below green area or the low of $0.046 level (local low).
Ideally demand wins this battle over minor supply above, but only time will tell.
V
GALA return to the whales area🔥 Time to open long ❓Hi friends! The GALA price returns to the area where the biggest volume were traded. I suppose that whales buy their GALA here at the bottom. Now you can see how the price return to this area agin and it`s a good chance to open a long if this preconditions will happen:
🔥 false breakout of the $0.046 key level or short squeeze below the local lows to activate the sl of small traders
🔥 volume growth which shows the additional purchase by the big players and that the small one sell their coins
🔥 squeeze to the trendline
🔥 bullish BTC. All altcoins follow BTC, so if it`s start to grow, the GALA reach the targets much faster.
🚩 Now the price of GALA is inside the $0.052-0.062 huge value area which is support fot the price.
📊 The targets:
1. $0.073 - the key level
2. $0.08-0.084 - the closest value area which become the resistance for the price
✅Also i will track the huge whales orders wall to BUY using DOM and Footprint. This tools show the exact price where the big players set their BUY limits and I open the long with short sl and best risk to reward ratio (1:7-20 or more). Stay tuned!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
📊GALA huge accumulation leads to PUMP❗ Open long in time.Hi friends! Gala make +70% from it`s bottom and overperform 50% of other altcoins. Which mean that big and small players still pay attention to this Game-Fi project.
This is a chance for us to make a huge profit but before we should open a long with the best RR.
GALA didn`t even make a pullback and just PUMP. It`s confirms high interest to this alts by all the crypto traders. Check how the GALA reach my targets in the previous idea!
Gala Games is still in the big accumulation range and it`s nice for upcoming growth.
📊 Preconditions to open a long now:
🔥return to the $0.58-0.62 value area
🔥huge whales buy limits at DOM and Footprint. We can open our longs with the big players and set short stop loss to get highest RR
🔥volume growth which also confirms the big players pressence
🔥squeeze to the trendline
🔥bullish BTC sentiment which push the GALA up
I think the Game-Fi such GALA, GMT, MANA etc still will have grea attention by retail traders and pump by hundreds %.
🚩The targets:
1. $0.79-0.84 - the closest value area
2. $0.103 - the key level
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.