🔥 GALA Bull Flag Break Out UpdateRecently I made an analysis on GALA and the bull flag it was trading in. At the moment I made this analysis, the market was in a much different state than it was two days ago. The initial break out ended up to be a fake out, and the price is back at the bull flag support area.
It's likely that GALA wants to reverse from here. However, with Bitcoin still not being out of bearish territory, there's a chance that the price will break bearish. Keep a close eye on Bitcoin and the overall market.
Happy trading!
Gala
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
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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We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
GALA primed for massive breakthrough and uptrendGALA has been pinging up and down inside a rising channel for a while now. False breakthrough from the channel happened last time, probably due to Galaverse event and Evergrande default news at the same time. Breakthrough itself gives some positive sentiment, though, and this time we could inch past 0.66 fast. Let's do this!
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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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
$GALA/USDT 3h (Binance Futures) Descending trendline breakoutGala Games has been bouncing on 200MA showing bulls are in charge, then regained 50MA, continuation is likely.
Current Price= 0.49987
Buy Entry= 0.50150 - 0.45750
Take Profit= 0.61768 | 0.77065 | 0.93697
Stop Loss= 0.38624
Risk/Reward= 1:1.5 | 1:3.14 | 1:4.94
Expected Profit= +28.95% | +60.89% | +95.61%
Possible Loss= -19.37%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Website: app.gala.games
Contracts:
#ERC20 0x15D4c048F83bd7e37d49eA4C83a07267Ec4203dA
#BEP20 0x7ddee176f665cd201f93eede625770e2fd911990
GALAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
As you can see the price has been able to break the resistance line ahead and fluctuate above it. We consider that after a pullback to the support line, the price will be able to touch the higher targets. But if it stabilizes below the support line, we will have a step-by-step fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
GALA needs more energy to keep going
Hello friends
This coin has reached a point after a great start where it is difficult for it to continue the previous process
My idea is that it takes more time and energy to choose to continue on the path
And of course I do not think that the final choice is to return to solid support.
If a daily candle is closed in a short time with a strong body above the solid resistance, it can be a sign that cows are strong.
******Appropriate entry points for supports and resistances according to the chart*******
If you like this idea, Please Follow me and do not forget that your likes and comments are very very important .
Thank you dear friends.
Be generous and rich.
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 Bull Flag Break OutA couple of days ago I made an analysis on GALA and the bull-flag it was trading in.
As expected, GALA followed the pattern for a while, with a bullish break out earlier today. With BTC remaining relatively stable, it's likely that GALA will remain above the top trend line of the pattern and continue moving upward.
Main targets are placed around recent tops. Confident traders could place a target around the current all-time high, or even $1.
Happy trading!