GALAUSD
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
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
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.
GALA/USDT 1hr timeframeIt seems that GALA is ready to go up after the re-test of higher band of symetrical triangle. You can see the potential range for this pair in the analys. As the time of writing this it already jumped a little bit, smaller timeframes like 15/30min are bullish.
It still may change because the market now is hard to play because of the fear, always have in mind few scenarios in case if something is going wrong.
Always secure your profits and don't expect that you are gonna made money for lambo in one trade ;). Patience is the key.
It is not a financial advice, I'm just sharing my personal view.
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.
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)
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.
GALAUSDT : Can the double bottom completed ? In GALAUSDT 4h
It could not break out the downtrend from the 0.84128.
There is a potential double bottom under the downtrend .
If the price break out and stand firm ,trading strategy as below.
SL: 0.42496
TP1: 0.58023
TP2: 0.63761
TP3: 0.66081
TP4: 0.71059
TP5: 0.79117
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
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.