Galagames
GET READY! GALA could be ready to MOON! (Part 1) 🚀🚀🚀Hi everyone, This is The Unbounded. One of the newest and most active trading view authors and fastest-growing communities. Please consider following me for the latest market updates and mid and long-term Long / Short calls. Let's get to the chart!
GALA is gearing up for another bullish rally. GALA is under a symmetrical pattern and we can expect a higher rally soon.
While symmetrical triangles can be aimless as there equal amounts of buyers & sellers, Bitcoin and Ethereum are regaining strength and both Gala Games and Sandbox have been displaying signs of strength (while many other crypto game tokens have shown significant weakness).
The RSI for GALA has been trending up for the last 31 days and is only in the middle of its range; it has not reached anywhere near overbought. This further validates that there is more upside pressure in the price than downside.
My goal is not to highlight a specific trade at this time, but to get GALA and SAND on your radar to start tracking them as they could have massive rallies in the very near future.
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Here is analysis for #GALAGALA Gaming in Daily Timeframe is still below descending trendline.
Bull need to cross EMA100 ($0.26) to take control and break the trendline,
If bull take control and break trendline and close above Resistance Level ($0.26 - $0.28) we will see another bull ran.
Send IT to $1.00
GALA / USDTAs you can see in the chart GALA in TIME FRAME 4 H is in this pattern if it can break it up we can see movement to the up if not we see DOWN movement
Follow my chart and keep eye on the line I draw to be broken
All my Analysis is for the short term and maybe a day it's not gonna work for a long term I'm a day trader
WRITE ME YOUR OPINION IN THE COMMENTS
*DO NOT FORGET TO USE STOP LOSS IN YOUR TRADES *
GOOD LUCK
Will Gala break 0.35?20th - 21st of Feb saw the "death cross" with the 50 EMA and 100 EMA crossing under the 200 EMA line.
A falling wedge pattern at the base of the decending channel also suggests that a reversal may occur in the next week.
If we can close a daily candle above 0.350 then 0.468 and 0.54 are my next targets.
RSI at 53
GALA/USDT - the price is testing this big value areaLet's analyze the GALA chart. Price has tested the big value area as support. A bounce is now very likely to occur. A bounce could occur to the liquidity area, which is marked above. If your strategy is a bounce, it could be a good buying opportunity.
But while the market is still showing weakness, you should not discard the downside scenario. A price squeeze and a break of the upper boundary of the big value area could be a good selling opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
GALA - Breakout, retest, 65% gain? Gala is forming a wedge.
5 bounces on resistance line and four bounces on support line.
Next target $0.5644
RSI around 40
Volume decreasing since 6th February.
Very bullish on GALA
$GALA looks good for an entryZynga games in the metaversa, or something like that, idc the setup looks good!
Entry .19 - .20
T1: .27
T2. .30
SL tight under entry / if BTC decides to go down.
GALA Movement Expection 📊 GALAUSDT (GALA)
🕑Time Frame: 4H(Update)
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🔵GALA broke the $0.20 resistance and gives a good rally after it. GALA gives almost 100% profit. You can book some profit from GALA and wait for better entry. The support, for now, is $0.29-$0.30 area and we may see a retest of this support zone. The first resistance is $0.36 and the major resistance is $0.40-$0.41 area.
⚠This Analysis will be Updated
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📅 02.09.2022
⚠️ (DYOR)