Galagames
Will Gala break 0.35?20th - 21st of Feb saw the "death cross" with the 50 EMA and 100 EMA crossing under the 200 EMA line.
A falling wedge pattern at the base of the decending channel also suggests that a reversal may occur in the next week.
If we can close a daily candle above 0.350 then 0.468 and 0.54 are my next targets.
RSI at 53
GALA/USDT - the price is testing this big value areaLet's analyze the GALA chart. Price has tested the big value area as support. A bounce is now very likely to occur. A bounce could occur to the liquidity area, which is marked above. If your strategy is a bounce, it could be a good buying opportunity.
But while the market is still showing weakness, you should not discard the downside scenario. A price squeeze and a break of the upper boundary of the big value area could be a good selling opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
GALA - Breakout, retest, 65% gain? Gala is forming a wedge.
5 bounces on resistance line and four bounces on support line.
Next target $0.5644
RSI around 40
Volume decreasing since 6th February.
Very bullish on GALA
$GALA looks good for an entryZynga games in the metaversa, or something like that, idc the setup looks good!
Entry .19 - .20
T1: .27
T2. .30
SL tight under entry / if BTC decides to go down.
GALA Movement Expection 📊 GALAUSDT (GALA)
🕑Time Frame: 4H(Update)
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🔵GALA broke the $0.20 resistance and gives a good rally after it. GALA gives almost 100% profit. You can book some profit from GALA and wait for better entry. The support, for now, is $0.29-$0.30 area and we may see a retest of this support zone. The first resistance is $0.36 and the major resistance is $0.40-$0.41 area.
⚠This Analysis will be Updated
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👤 Trader Needs
📅 02.09.2022
⚠️ (DYOR)
Gala Crypto Technical Analysis Target 57Gala Crypto Technical Analysis , Target +57%
After conquering the 84-cent peak, the price correction trend reached -82% in 57 days.
Fortunately, the support band of 14 to 15 cents worked well and the price experienced a 157% increase over the last 18 days.
Currently, in the daily time frame, the price is stuck below its red Komu Cloud.
But on the other hand, its 71-day downtrend line is well broken, which is a very good sign.
Note: You can wait for the price pullback to the marked range and open a long position at 27 cents and expect a 57% profit.
Do not forget "capital management"
Do not forget "to manage risk to Reward"
Good luck and profitable
It needs to hold its supportOn a 4-hour TF, It is now back at the $0.41 - $0.43 area support. GALA needs to hold this support. Otherwise, we will see more downward movement. The first resistance is $0.47 and $0.51 area. The major resistance is $0.58 - $0.60 area. The next support is $0.36 - $0.37 area. You can buy some GALA near the support with stop loss.
GALAOn a 4-hour timeframe, the range of 38 cents to 40 cents is a very important resistance range for GALA. According to the trading volume conditions, the probability of returning from this area is higher. Be sure to move your stoploss to the high points. If the 40 cents area is broken, we will have the opportunity to enter again.
Show the price of GALA with the market cap of Avalanche [AVAX]Show the price of GALA with the market cap of Avalanche
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GALAUSDT 3 Day TimeframeI am a big believer in Gala games, as they are coming out with Play-to-earn crypto games which will be fully launched when the meta verse is released. Price has made a very nice correction & after the consolidation below some bullish momentum has returned to test key resistance at 0.37 ... along with the descending trendline. I am waiting for price to break & close above resistance, to confirm that another strong move to the upside may occur for a new potential higher high as this is still a very early crypto & could see some massive gains in the near future.