GALAUSD
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.
Keep an eye on GALA!Here's a quick look at GALA 4 hr chart. As we can see, the price has printed a bigger symmetrical triangle and we could see a break to the upside soon. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above 0.58$ with good amount of volume .
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The idea is: Buy when the price breaks above 0.58$ and take profits at the levels shown in the chart.
Targets:
1. 0.615$
2. 0.66$
3. 0.75$
4. 0.84$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
GALA: CooldownPotentially looking to enter in on GALA at the .618 if previous resistance holds as new support.
This is not financial advice. These are just my ideas and opinions.
GALA | Gaming Coin - Quite an Easy Trade!Hi,
Easy to set a stop loss, easy to set a profit target, easy to enter into it after short-term new higher high, so KISS (keep it simple stupid) and ride it, whatever it is a win or loss, the risk-reward ratio is quite good!
Regards,
Vaido
GALA: Are We Near a Bottom?After a 43% drop from the ATH, GALA could be close to bottoming out. It's possible that previous resistance at $.48 might become new support. RSI on the 4HR is low.
If $.48 doesn't hold, then expect the next support area below around $.35 - $.38.
This is not financial advice. These are just my ideas and opinions.
GALA/USD - Be careful, bearish price action. Correction inbound!GALA pumped hard and now it is time to take a pause and correct.
The indicators are curving down and not looking pretty. Best to wait now and let GALA find new support. A good candidate for that is at $0.36.
If market remains bullish, GALA may correct to only $0.5 or thereabouts as shows on the Fib extensions.
In any event, if MACD does a bearish cross on daily, then best to stay away for a while.
Bias is bearish on this formation right now.
Like and follow if you liked this idea!
Gala ⭐I'm not quite sure what this coin does, but it has a red fire emoji next to it on my exchange
i like fire emojis 🔥🔥🔥
gala came down in 3 waves recently via a clean zig-zag, and has since moved up in a clean 5 wave impulse,
currently sitting at a perfect mean retracement, just waiting for the indicators to cool off
i'm targeting $0.95 on this move
~someone say something about alt season?
GALA - Ready to pump again? Low market capGala is my new favorite. It's part of the metaverse niche, and I think it has enormous potential in the short term.
We saw a setback recently, but now we can feel how GALA founded itself a great level support area around 0.60
What now? Is it getting all-time highs any soon?
Would you mind letting me know what your thoughts are?
GALA GAMES Fractal repetition on 15min tfHi tribe.
Just sharing my view of the falling wedge breakout + my MA strategy showing great conflluence and a possible bullish impulse.
Short term target is the top of the wedge.
I will go long if the overall makret momentum holds.
NFI.
DYOR.
Trade responsibly.
GALA moving off of supportGALA USD is moving off a retrace to support in a bullish market, this could bring new highs.
galax usdt analysegalax usdt analyse
time frame 4 hours
you can see pump of price when it break the triangle as you see on chart
fundamentally Galax is a good coin and has good future for hold (HODL)
GALAUSD/GALA Analysis Updates 1Now Prediction Updates 1:
Hello, Trader's Community!
Price has created a new trend and reached to peak level and now it's turning to measure key level. As far as I consider after touching this key level price will go to create the resistance phase. But if it doesn't go to this key level it will go to the support level.
Thank you for your support.
$GALA will JUMP to $1! (soon)Hiii World!
Since $GALA had its ICO on 11/19 - I thought it would be a great opportunity to follow a token that is fresh, new and gaining steam! Shout out to Kamen1011 as he had thoroughly done his DD and put this symbol on my radar and I was able to make a decent chunk of change on Thanksgiving! I did not feel anywhere close to comfortable in swing trading today (11/26) given that BTC had given us a good scare early in the AM and volume just wasn't present in any token.
Technical Indicators included on the chart are its Correlation Coefficent, Stoch RSI and Fibonnaci retracement tool from lowest swing on ICO to highest swing this week! One thing that I am confused about is the correlation coefficent comparison between intotheblock.com, a 30 day average, currently, -0.77 vs. Trading View's, real time average???, of -0.04 (at the time of publishing).
Depending on which CC is the most accurate if -0.77, I would not be surprised if the trend continues in the upper Bollinger Band Area for the remainder of the week.
If -0.04, then for the remainder of the week (mayyybe through Monday), my forecasted opinion is that $GALA will continue to retrace down into the 0.50 to 0.681 FIB zone. Let's see how this plays out! Would appreciate your shared thoughts as this is my first chart ^.^
Much Love!
MS ROBOT
FTX:GALAUSD