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
Long Gala 94% Enjoy your flight!The elevator is going to the "Single Print Ceiling" from two ranges above. Enjoy your flight! Dont forget to take profit along the way. I used the fib retracement levels and the fixed volume profile tool to find the Point of Control, value area high and low - with confluence to an imbalance and a single print area plus previous support/resistance price action candles. whew.
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
TOWN pumping. Metacoin related to GALA and co-founder of ZyngaTOWN is moving well even when the market had a pullback
Triangle breakouts are a standard chart pattern and can result in strong pushes up when they break out
TOWN Is related to GALA and the co-founder of Zynga is behind both
TOWN is only listed on a small number of exchanges with OkEx being the largest.
This is a chance to get in early on a Metacoin instead of coming in late after it has gone up 1000% and pumps like crazy as it moved on to more exchanges
This coin is so new that I had to zoom all the way in to 30 minute time unit to see some detail.
Get in now while its just a baby and hold on tight for mega growth
How Much Juice Left for GALA?You can clearly see a Bullish Ascending Triangle formed on the Daily chart
Price is perfectly rejecting 200 Daily EMA , and if it breaks above, ~$0.07 is a good target
If BTC consolidates/moves up, &/ there happens to be a good fundamental news for GALA , you can expect those red lines above to be hit
If BTC does a major correction/pullback, then expect this technical analysis to be invalidated
Happy Trading!
Not a Financial Advice.
🔥MEME COINS IN TRENDS AGAIN: SHIB DOGE FLOKI TO THE MOON?🔥Hi, friends! Today is a day of meme coins. DOGE pumps by 10%. I'm sure that if we have the bullish BTC, DOGE and SHIB will make +20% at least.
All this growth is related to rumors on Twitter. Lots of news was published about accepting crypto as the payment method in this social network. Of course, DOGE is the first on the list to PUMP. As usual, SHIB is growing too.
I check the info about the biggest holders. The same as DOGE, SHIB is absolutely centralized coin. 41% of the total supply is accumulated in 1 wallet.
📊 MY TRADING PLAN FOR SHIB:
1. false breakout of $0.0114-0.0116 value area
2. volume growth
3. bullish BTC
🚩 The next possible entry point is during the test of $0.012-0.0121 as the support.
✅ MY TARGETS FOR SHIB:
🔥 $0.0131 - the key level, local high
🔥 $0.0137 - the key level
🔥 $0.0152 -the key level and global high
Traders, do you believe in the bright future of such crypto as SHIB, DOGE, FLOKI? Share your thought in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a 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 🐋
GALA is breaking down
GALA has been moving in an ascending channel and it's breaking down.
RSI is at breaking point as well.
Target would be the EMA 50D.
* For safe trade, one should wait for confirmation before entering (a clear break-down with 4H candle and succesful retest of trendline if needed (depending on you style)).
GalaTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Gala has dropped -98% from the top. I think the bottom for this coin is in. If the crypto market crash, we may retrest that area again, however, for the most part I'd say the bottom is in. Most coins do not get a -98%. Altcoins would correct -90-95%, -98% or more usually means the project is dead or a ponzi.
Gala games has been one of the most promising coins during this bear market. Constantly updating and making new partnerships so we can rule out that this coin is dead or a ponzi.
I've added a chart from Coinmarketcap to get the full data on this chart since trading view doesn't have it on any gala charts. The wave count is starting from data I've gotten on CMC. Wave 2 should be in with the -98% drop and we are working on a new impulse wave (3). The top for wave 3 is projected to be around $1.3
We could see this in either 2024 or later in 2028. It all depends on how the crypto market is doing as a whole and if gala games keep delivering.
R/R ratio from today's price: 33.4
Potential upside: 2244%
Potential downside: -67% this would retest the -98% drop and give us a double bottom.
Chart timeframe is on the daily.
GALAUADT 4h
Let's take a look at the GALA/USDT pair. This coin is putting on a show in graphical analysis. Notice that after that high in the first week of January, it formed a nice smooth bullish trough currently it has reached another support zone of that trough. We have two possible moves here.
First: The continuation of this channel, GALA could go up to 0.0527 and pull back up
Second: Rejection and retreat from Channel , for a downward movement towards .
The prognosis is favorable, as it is one of the main coins of the metaverse.
Here are the supports and resistances in the 4H:
Main support levels : 0.05393 / 0.04726 / 0.04205
Main Resistance Levels : 0.05962 / 0.06873
I'm not a financial consultant. The content I share on this site is for educational purposes and is my own personal opinion.