Gala - Wave AnalysisThe metaverse has seen a lot of movement and volume in recent months. Gala has become a hot topic among the gaming world and large exchanges have added to their markets. I expect to see short opportunities open up as it appears we are in Wave 4 before heading into Wave 5 of Elliott Wave. Let me know what you think with a comment or like.
Disclaimer: *This is not financial advice. These are just ideas and opportunities that I look for in markets.*
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Galagames
gala, which path to folla?Trend line holding it down! Need to break out of this channel from my last chart! It looks like the omld happened, a bit deeper then expected, but theres a possibility that sharp correction is over. Doesnt mean moon at the moment. The move down could be a subwave of a larger structure. That is the bullish interpretation. The circle could also potentially be an impulse down, which would mean a lower low. Breaking .586 would invalidate that possibility.
GALA slowly crawling up after bounce off support areaCOINBASE:GALAUSD
GALAUSD is slowly moving up after a bounce of the support area (based on ICT bullish order block) and Fibonacci retracement.
There was a company event on Dec. 6th, a vox drop with NFTs being sold in Gala Token that seems to have helped the price recovery.
Total Crypto Market Cap along with BTC are looking like they are back in the bullish mood, also hopefully we will have good news that the Omicron variant is not as severe as the Delta. That could put risk-on assets back into positive momentum. The USD is still very strong but seems to be in a sideways consolidation from Nov 30ths FED speech.
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.
Gala played out nicelyI expected this dip to come as you can see in my previous idea post. I would’ve entered a long position in gala but I didn’t see a the big bounce off support that I wanted to see. So I’m just going to leave this.
BTC is also still dropping and currently below my support & I think it will bring the metaverse market down with it
What do I know tho I’m just an average trader lol
GALA/USDT ready for take off... Goodmorning from Amsterdam..
Gala is offering a nice opportunity to jump in..
We have seen these symmetrical triangles multiple times before and look what happened.
Personally it is nice moment to take a position..
The lesson i learned is.. When people try to buy at the bottom, the chances of missing and over observing is quite there.. result is missing the moves...
Give it some time when the momentum sets in we will see some nice gains..
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 1H Symmetrical TriangleHere is how I would trade GALA / USDT 1H.
If the price breaks the upper line of the triangle - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 0.71$
TG2 - 0.73
TG3 - 0.75$
TG4 - 0.78$
TG5 - 0.81$
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I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Gala Games:
"Gala Games aims to take the gaming industry in a different direction by giving players back control over their games. Gala Games mission is to make “blockchain games you’ll actually want to play.” The project wants to change the fact that players can spend hundreds of dollars on in-game assets, and countless hours spent playing the game, which could be taken away from them with the click of a button. It plans to reintroduce creative thinking into games by giving players control of the games and in-game assets with the help of blockchain technology.
Players can own non-fungible tokens (NFTs) and influence the governance of games within the Gala Games ecosystem. The Founder’s Nodes voting mechanism allows players to influence what games Gala should develop and what games should get funding. Besides buying NFTs for specific games, Gala Games also utilizes GALA – its own utility token. So far, Gala Games has released one playable game – Town Star and an NFT collectible series – VOX. It plans to release more games in the future, such as a fantasy RPG game, a sci-fi strategy game and a tower defense game."
Source: Coinmarketcap.com
$GALA coin analysisGALA games has been killing it! Over 700% from when first announced in our discord @0.08-0.11. Lots of bullish divergence being shown on the chart also with DCENTRAL taking place in Miami Nov 30. This project will be hosting the gaming sector and hopefully will be speaking on the future of GALA and play to earn.
Gala Galaxy Going for it :)Gala is back on track and moving upwards :) The game coins are hot ... lets see where this ends up.
dem some nice clues! So got some reactions off of the lines I cast out in the last chart and, ATM its looking like a possible ELliott wave ZZ pattern could be forming. A break of .34 would and to my confidence and a break of .40 would shatter it. There is also a chance the proposed wave B is not complete yet and some more sideways is yet to come... or it could just go, that can happen too, lol.
GALA USDThis is the current sentiment in this current time/space. Gaming and the Metaverse is here to stay...
GALA - the end of growth❓A couple of weeks ago we recommended buying a GALA coin. Below we pin that idea.
Personally, we sold all GALA coins at $0.3. In doing so, we made a profit of more than 3 times. We have now redirected that profit into another coin, also with huge potential.
If you are still holding coins, we advise you to close most of your positions and move them to other promising coins.
I would like to give an example of SAND and MANA. After the price of these coins reached a 500% profit, a correction started after that.
The nearest support zone is marked on the chart below.
The best buy zone is below $0.15.
We do not know if the price will reach this zone, but if it does, we will buy.
GALA - New Rocket 🚀✅Today we will analyse a coin which we personally hold in our portfolio and will keep until the end of the bull market.
👽GALA GAME is a very interesting project from the fundamental analysis side. As you have already guessed the project is developing in the sphere of computer games. This area is now gaining more and more attention, projects such as AXS and ALICE have already brought more than 10 000%. Therefore, it is worth paying attention to this project. Now GALA takes 225th place in the list of all cryptocurrencies, capitalization of half a billion dollars + there is already a real product.
🤑On the technical analysis side, the coin broke through the triangle, now the price has corrected and is testing the upper boundary of the triangle. So far, the four-hour candlestick closed below the upper boundary, which is a bad signal, and the price might continue correcting to the lower boundary of the triangle. But if it makes a false-break now and the price reaches above the upper boundary of the triangle, that would be a good signal for the upside and the price will continue rising towards $0.14 and $0.18.
We bought this coin on October 26 at $0.085 in a long accumulation, at 4% of our total capital. This is one of our medium-term positions. We expect a potential of 500% to 1000%.