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
GALAUSD
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 $2.20-2.50 from above.
Please write in the comments why the price of GALA has risen so rapidly, of course, that TA has nothing to do with it — this is definitely some news (sarcasm:)
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GALAUSDT - BUY THE DIP FOR 70% GAINSEmissary over here.
Hello again everyone.
Today we take a look at Gala Token.
Get ready and set your buy orders at 0.3712. Red box is our high demand zone atm. Just wait, it'll come down.
Buying 0.3712 could get us 70% in the short term.
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If you like my work give it a thumbs up and leave a follow for more everyday analysis. Remember the message never sleeps.
Also I'd like to hear your opinion in the comments.
Remember this is no financial advise, DYOR and trade at your own pace and risk.
Farewell
(update) GALA is now Ready to reach 1$!Hello every one
GALA/USDT
Last Time We talked about GALA It was in a Bullish Flag! now The Break out Needed For ascending Further has Accured So It Is safe To say The Expected Target (1$) can Be reached Right now!
Previous Analysis:
💎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
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 $0.84.
My whiskers are telling me that Gala Games will be a major player in the metaverse and play to earn spaces. For me, this means that it has good long term upside potential.
If GALA continues to perform and Gala Games continues to produce then I will be howling for the moon for GALA!
What do you think about Gala Games? Do you hold any NFTs for any of their games?
Owhooooo!
GALAUSDGALAUSD daily chart review. chart looks good /strong. Compression / bull flagging now. previously accumulated / then,pumped for 1000% gains BUY/HOLD. setup still valid as of right now. noteworthy compression in progress. expecting one final pullback soon. So for now short and then get ready to biu low LATER. best reload bulls near 30 cents later. expecting 700% bull run.
GALA rising channel money makerGALA is still continuing inside an ascending channel. Buying the dips and selling the tops is a nobrainer here, but watch out for the "inevitable" channel breakthrough at either 0.58 or 0.6.
If there aren't any Evergrande like news coming up, hopefully the channel won't break at the bottom.
Good luck.
GALA=1$ 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.