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Galagames

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
Long
by moon333
Will gala break up from its current bear flag?We can see here on the weekly char that Gala is in a bear flag with a very long pole. We can also see that the flag is the shape of a descending channel, a pattern that tends to break upward. When we see a descending channel as a bearish flag it is usually an indication that bears are starting to lose steam.,,,how much steam they are losing will determine whether or not the descending channel wins the dominance battle and it breaks upward or the bearish flag maintains dominance and the pattern breaks downward. If this flag were to break upward instead of downward, the question then becomes will it break upward and then head the entire measured move of the flag but in the bullish direction? Or will it simply just head to the smaller target of the descending channel itself. It’s hard to say but just in case I have put both potential bullish targets on the chart. One other thing it could do is reach the bullish breakout target of the channel and then pull a 180 and still break down below the flag and head to the bearish breakdown measured move target of the flag even after reaching the channels bullish breakout target. Seeing as how the rest of the crypto market recently has begun to see bearish momentum dwindling, I think the bullish outcome has slightly more probability at the moment. Also the measured move for the bear flag breakdown would be negative 20 cents….typical negative targets are a clue that the bullish direction is more likely….always possible for a breakdown to happen at the end of bearish momentum that doesnt hit 100% of its target though. If we take a look at the current volume candle, it is the highest weekly volume candle on this charts history and it happened during a bullish impulse…which is yet more bullish confluence here to suggest a break up from this bear flag is very feasible. *not financial advice*
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by DrDovetail
4
GalaHi, Recently we saw BTC finally have it's pullback, which did cause Gala to drop quite a bit but we managed to bounce off at 0.382 0.0040 a big drop, bigger than expected with that said i believe the price may drop to 0.036 that is if BTC continues to fall on the image below, on the smaller time frame of 45 min. You can see the price has stuck in same position for a while now, which suggest if we do not move any time Sonner in the next 4 hrs i see more downtrend On the smaller time frames, 5min there is always chance for scalping Any feedback is much apricated thanks
by Wizzardo