GALAUSDT likely heading towards weekly support around 0.02525The price has broken previous weekly support (marked as PWS on the chart). After breaking that support it retested the support a couple of times but got rejected. Now price is trading under that broken support zone is likely to head towards the next daily and weekly support zone (marked as DS+WS1 on the chart).
GALAUSDT
Special analysis of the Gala coinSpecial analysis of the Gala coin
Because of the choice of the currency is that the currency corrected 50%of the wavelength +the currency in the logic of strong demand and support.
Currently, the currency is standing on important support 0.030 in the event of breaking support. We return to the 0.02 and 0.015 regions
In the event of a strong focus on support and not breaking it, the currency will be visited by the areas shown in the drawing
Good luck, your profit for you and your loss on you
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possible head and shouldersits possible that gala is forming the right shoulder of a head and shoulders pattern with a target around 0.026.
it would also be the 0.786 fib level from the low to previous high. with all the fear and inflation numbers and the rate hikes i think its very possible to play out. this pattern would be invalid in my personal opinion at 0.03625
Gala Games ($GALA) - Almost there..I shared this setup back in January and said I wanted to long in green - we are nearly there.
Lost high time frame resistance block (red) and now nearing my target high time frame gap (green) after a month and a half.
I was patient with this one, stood my ground, and should get the opportunity I've been planning for.
I will not blindly long this zone however - will depend on the reaction, structure and market environment.
Cheers
Gala Games, Plenty of upside potential - LongGala seems to be trading within a flag setup. At all different hourly intervals, it looks oversold. Many other fundamentals look good; Volume is even picking up a bit.
Support areas are strong and $Gala regularly makes big moves off support areas in short time periods. A look at the list of 'whales' shows little activity from them, if any, in relation to trading Gala; many received their coins when Gala was priced higher.
Consolidation has been going on for a bit after the last push above six cents. IMO, it's a steal at these prices and something to hold onto for years.
Gala Games has plenty of upside potential. They recently acquired Ember Entertainment and will begin onboarding Ember Entertainment mobile users to Web3. Ember Entertainment has several mobile games, which only add to Gala Games' already attractive portfolio. Gala plans to be the platform for web3 gaming; they understand mobile gaming is extremely important. They're making good moves, continuing to build, merge, etc.
*Important* - Cointelegraph headline - Gamers made up nearly half of all blockchain technology in January. Mobile gaming is almost $140B/year industry up $30B from last year (2022).
Gaming on web3 will be huge, who doesn't want to take in-game purchases after they're done with a game and trade or sell them?
*This is not financial advice. Added TPs and a stop loss just in case.
IF ETH & BTC drop significantly, Gala will, too.
GALA token forming bullish BAT for upto 25% pumpHi dear friends, hope you are well and welcome to the new trade setup of GALA token with US Dollar pair.
In previous trade setup, the priceline of GALA was moved slightly moved down than buying zone, however, recovered soon and pumped more than 26%.
Now this time on a daily time frame, GALA is about to complete the final leg of a bullish BAT pattern for another bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
GALA triangle pattern and more range 📖💡🚀Hello 🐋
Based on the chart, the price is in the parallel channel and close to the channel support area, and triangle pattern ✔️
if
the price doesn't break the support zone to the downside, we will see more gain 💣🚀
otherwise
we can see more correction to lower support level ❌🧨
if
breakout of the upper resistance zone be completed, we can see more pump to the upside ✔️🚀
👌 Notice: pay attention to the price on shortcut chart (located below the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋