GALAUSDT, We are going to reach to PRZ levelHello everybody
Gala is one of my favourite token that is working on game base and the co-founder of it was made zynga poker :D :D :D :D
According to the chart, the price is moving on downwards correction wave and we expect that it can drop more to reach to the important heavy support (PRZ level Blue Box) and it can suport from there and move up to reach to the new target
But in there route we have another sensitive zone that if the price can break there zone the drop price definitely happen.
If you have any question send us messages in private on telegram or in here
Good Luck
Abtin
Previous analysis :
Galagames
GALA - There is a possibility of testing the 45 and 40 cents areOn a daily timeframe, we see an engulfing bearish candle that provided the conditions for correction. There is a possibility of testing the 45 and 40 cents area in the coming days. Be patient and enter by reaching the range of 40 cents.
GALAUSDT Long Swing Prediction 2022Chart speaks for itself. Metaverse is growing everyday and GALA has been an early member of the P2E game. Great token and even better chart.
I'm going long. PTs have been set so trim as you feel necessary depending on the chart at that point.
Good Luck & Happy Trading!
Stefan
Founder & CEO of A-Stock Trading
GALA Loading up for a big move!Here's a quick Look at GALA 8 hr chart. As we can see, the price has printed a bigger falling wedge and we could see a break to the upside soon! The price action depends on BTC and if BTC doesn't cooperate, then GALA won't manage to build bullish momentum. Keep an eye on this falling wedge!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
-------------------------------------------
The idea is: Buy when the price breaks above the falling wedge and take profits at the levels shown in the chart.
Targets:
1. 1100 sats
2. 1180 sats
3. 1300 sats
4. 1460 sats
-------------------------------------------
What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
GALA/USDTOn a 4-hour timeframe, GALA bounced of the flip zone around $0.41 - $0.43. Right now, the price reached the resistance line and looks like facing intense sell pressure to break it, and the price may reject back to the flip area. GALA GAMES was truly bullish since Binance's listing and a strong coin for hold. You can add some around $0.44 for a swing move.
#GALA retested crucial support Hi Soroosh School guys
I came back with #GALA chart
#GALAUSDT broke out the triangle and dynamic support in the area of 0.51 and pump more than 9% and touched the resistance in 0.55 bucks.
If #GALA lose its support at 0.51 next supporting level is between 0.46 - 0.49 and If Gala broke out the resistance in 0.55 , Next targets can be 0.58 , 0.60 , 0.63 and 0.66
GALA, the end of a correction and the beginning of a new uptrendGALA has been in a downtrend for more than two months. It is only now showing signs of a new uptrend.
What positive signals can be seen on the chart?
- A correction of more than 50% from the high
- A long consolidation
- Breakdown of the trend line
- Local formation of higher highs and lows
It is also worth highlighting that a technical pattern - a symmetrical triangle - has formed on the chart. And the price has broken through the upper boundary of the pattern, which is a positive signal for the continuation of the uptrend. According to the rules of the pattern, target = height of the triangle.
We don't know if the price can reach this target, it is important to analyze the bitcoin's performance, as all altcoins are correlated to bitcoin.
It is important to note, we did not buy or hold this coin in our portfolio. This is just a technical chart analysis at the request of our subscribers. Personally, we buy altcoins for no more than 20% of our total capital and hold our coins in the medium term. As practice shows, this is the best way to trade. We trade bitcoin using our trading indicators for all of our principal capital. You can see more details in past ideas.
Sometimes we share signals, if you want to receive them, we advise you to subscribe to our trading view and other platforms, all links below, in the comments leave your questions and the name of the coin you want us to analyze. 💚
Symmetrical triangle breakout on 12h TF GALABUSD - LONG TRADEWhats up everyone,
Hope you guys are having a great day. Just wanted to share this breakout idea on GALABUSD, the symmetrical triangle pattern just broke on the upside which indicates bulish momentum, on the lower TF such as 4h price is also above the 200MA. IMO we can buy at CMP with a SL as shown on the graph or we can wait for a retracement and place limit order around 0.52-0.53.
Let me know your thoughts on this
Cheers!!!
Big Bull Flag on 4h chartGala will be at decisive point next days.
Big Bull Flag on 4h chart that if breaks for upside will lead price to over 1usd.
Ichimoku Cloud still indicates a bull run. The cloud will magnet the price inside and over it.
We have some resistences on the way and we need Bitcoin to play his part on this run.
Gala price is not fair for all that projects Gala Games is delivering.
IMHO it was supose to be around 4usd like mana and sand.
DYOR before trading and you are more than welcome to comment here.
Have a good trade.
GALA- Game of Round NumbersThis is a text book CLASSIC example of the Power of Round numbers.
Farmville and Zynga Ceo's Gala has a great reputation for building games and this makes Gala attract attention.
At the same time there seems to be a game going on with the price reacting very dramatically at every 'Round number'.
This is a game I personally do NOT like... but i like to trade it.
Gala will follow the market and what the market does. Just remember to buy or sell this one on the round numbers.
What do you think? Round numbers are psychological support/resistance levels but isn't this case a weird? Could it be manipulation?
Probably is. Thus the 'Short' idea here
the FXPROFESSOR
GALA 12h Take your profits from the table on timeToday we will look at the next NFT game token GALA and accordingly the trading pair GALAUSDT .
GALA Games is not just one game, but a whole series of blockchain games, which they also plan to increase. Their philosophy is that in the first place in games should be entertainment, and then the blockchain (because it's a trend as it is).
And now to GALAUSD chart
For almost a month, the price of GALAUSDT consolidated in a narrow $0.7-0.12 range on one side and in a wide 80% range on the other side.
And as a result of the consolidation, the upward momentum. In two weeks the price GALA went up 1000% or as they say in people do x10 . This is just an excellent result and for sure it is not the end, because we suppose that those who bought this asset at the high, the fate will give another chance to sell it at $0.90-1 — do not miss it.
Because below $0.60 a full-fledged correction with the aim of $0.35-0.37 may take place.
If you do not like such speculations and believe in the project and know how to wait, most likely, next target for you will be $2.20-2.50 from above.
Please write in the comments why the price of GALA has risen so rapidly, of course, that TA has nothing to do with it — this is definitely some news (sarcasm:)
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
GALA primed for massive breakthrough and uptrendGALA has been pinging up and down inside a rising channel for a while now. False breakthrough from the channel happened last time, probably due to Galaverse event and Evergrande default news at the same time. Breakthrough itself gives some positive sentiment, though, and this time we could inch past 0.66 fast. Let's do this!
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.
-----------------------------------
If you like my work give it a thumbs up and leave a follow for more everyday analysis. Remember the message never sleeps.
Also I'd like to hear your opinion in the comments.
Remember this is no financial advise, DYOR and trade at your own pace and risk.
Farewell
$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