#Journal #GALA TRBO Grade B Set Up#GALA
Breakout Play/ grade B Trading Set Up
1.entry at .21220 11:25am
Confluences:
CCC
MACD Bearish Cross
Histogram
Volume
1HR TF
Trading Set Up
2.Exit and TP at .22827 1:16PM
when trading on a GRADE B set up, be very watchful on the market movements.
Keep in mind that the main goal is TO PROTECT THE FUND.
Gala
GALAUSDT - Excellent reversal happening at support and can flyGALA has been on a downfall for a while and was in a parallel channel and now it is forming a downward wedge too. Above the resistance and with increase in volumes these should fly faster. RSI is also in the over sold territory and is also reversing well. Excepting some volume push and when it happens these are going to move faster. #Patience.
Gala Games is WAYYY OVERSOLD.... Peep why I bought Not only do the charts offer 13:2 risk-to-reward ratio, but Gala Games "Town Star" game is gaining in popularity.
Google trends and SEMrush both indicate that search volume for "town star" is increasing.
Not to mention that Gala has tremendous price support beneath its current levels.
If the market offers the opportunity for me to take profits over the short term, I will...But I DON'T mind holding Gala long term with an entry at this level.
GALANot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Gala Chart Update 22th Jan 2022Some update on gala. Today gala has managed to cover up the big gap up run up since 17th Nov 2011.
A big pullback and the price retracement of 82%. We may see a bottom here.
Currently the rsi is oversold and the stochastic is resting at the bottom on the day time frame.
GALA : WHEN TO EXPECT A DECISION? Gala has gone off track (the track i draw in previous analysis)
I extend it and discover it has the same timeline with BTC ichimoku cloud
(See below) ... So it may sideway longer
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- Don't buy until break up descending triangle
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Trade safe and fun <3
Feel free to feedback /comment
Gala token price prediction 21/01/ 2022Gala USD token is forming a falling wedge pattern which is a bullish pattern that begins wide at the top and contracts as prices move lower.
This price action forms a cone that slopes down as the reaction highs and reaction lows converge.
As a reversal pattern, the falling wedge slop [s down and with the prevailing trend.
If the price breakout of the trendline, we may see $1.04 base on the extension of the bull flag pole.
GALA LONG TERM POSITION, BOUNCE TRADE SUPPORT AND RESISTANCE Gala had a really big pull back, but now is really close to a nice pump because of the huge support we have!
A BUY SPOT NOW will make you soon a really god gains $$
It's a long postition so give it the appropriate stop loss, and time!
CRYPTODROU
HAPPY TRADING
GALAUSDT, First buy zone activateHello everybody
GALA is one the most amazing game and the co-founder of it that makes many games, one of the most game is zynga poker and GALA in months later wanna do ...
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According to the chart and previous analysis we published, we shown on chart that we are completed B wave of correction and we need to complete wave C.
As you can see the price reach to our PRZ level we expect the price should finish correction in these PRZ level and wave C can be completed in one of these zone.
The price after some consolidation and squeezing can jump and start move upwards to the target and maybe to new ATH.
If you have any questions send us messages
Good Luck
Abtin
Previous analysis :
Gala Elliott Wave chart, Double ZigZagHad This option back at the pivot. Looks like its playing out pretty good. Could be done and bounced out of the GZ, but would want to wait for at least the .36 to get flipped back to support, or if it breaks down below .28607 the POC and the low of the consolidation.
Gala token price prediction 15/01/ 2022Gala game token currently resting on the support trendline $0.324.
If Gala break below this support trendline, it may drop to $0.252 according to the next fibonacci retracement.
Market is waiting and anticipating for Fed interest rates rise announcement soon.
Depending on Bitcoin price performance . If BTC falls, gala will follow. Currently crypto is trading sideways.
Solice competing with SandboxHello there everyone!!! 😃🌏👋
Thank you for considering my approach today, let's dive in⭐⏬
Note 📌 more accurate target will be available as we move along, this is a relatively new project. My bias is very bullish🏵🐮
Fundamental analysis :🤸♂️🌊
So, Animoca Brands who created the p2e game the Sandbox is at it again along with the incredible Solice team. The CEO of SLC was one of the members of the original Fantom team. Turns out Animoca is top investor in the Solice VR metaverse project . It's no surprise to see them investing in meta projects across all blockchains it's what they do... but not this heavily, so we suspected bullish price action at launch.
Anomica is not the only investor in this VR project either, it was also invested in by gate , Kucoin , and FTX via Alameda research. Launch was on gate and huobi , then it was added to dex's on Solona such as Raydium and Orca .
💭😁
They've locked up a large amount of the supply with a massive staking system ranging across dex's and exchanges. The last staking will be on tomorrow Jan 15th for one full week on gate📌🕘📆
I can't help but think that these big players have something planned for when it's all locked away, after all, Pro Shares just filed for a Metaverse ETF . There is clearly institutional interest and SLC's stopping power against BTC downtrend is very apparent.
Technical analysis: 📈📉
This is relatively new token, so we don't have a whole lot of data yet but here is what we know👀
💫We saw price correct and bounce from 0.618 fib after reaching 4.25 dollars from 7 cents at launch.
💫Watch the chart as it's breaking out on the daily now and seemingly gaining support at 30 percent retracement line.
💫We could see a retest of upper purple line on chart above before more upwards movement.
💫If we fall below ~2.79 again, an updated TA would be wise 🐶
💣 WIth that being said buy pressure is very high right now and no one really knows
✔ This metaverse land💲 is not going to be cheap (in theory)🏜🌋🏝
📆📌🕘 Four land sales🏝 🌅are coming up which will require large amounts of SLC to purchase. The game itself launches this quarter. In my opinion we could see 10 to 25 dollars in the coming months given the current MC and the amount that is locked up.
In fact, at a Sandbox or Mana MC the coin would be worth 100's of dollars in the future... Meta and the right p2e projects have been the play indeed in the past couple months. That being said, I always recommend you do your own research👽
Thank you so much! Happy trading all and please remember 👍👇
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs etc. I always recommend looking at multiple charts when making a big investment!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay ☯