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GALAUSD

Gala Games, Plenty of upside potential - LongGala seems to be trading within a flag setup. At all different hourly intervals, it looks oversold. Many other fundamentals look good; Volume is even picking up a bit. Support areas are strong and $Gala regularly makes big moves off support areas in short time periods. A look at the list of 'whales' shows little activity from them, if any, in relation to trading Gala; many received their coins when Gala was priced higher. Consolidation has been going on for a bit after the last push above six cents. IMO, it's a steal at these prices and something to hold onto for years. Gala Games has plenty of upside potential. They recently acquired Ember Entertainment and will begin onboarding Ember Entertainment mobile users to Web3. Ember Entertainment has several mobile games, which only add to Gala Games' already attractive portfolio. Gala plans to be the platform for web3 gaming; they understand mobile gaming is extremely important. They're making good moves, continuing to build, merge, etc. *Important* - Cointelegraph headline - Gamers made up nearly half of all blockchain technology in January. Mobile gaming is almost $140B/year industry up $30B from last year (2022). Gaming on web3 will be huge, who doesn't want to take in-game purchases after they're done with a game and trade or sell them? *This is not financial advice. Added TPs and a stop loss just in case. IF ETH & BTC drop significantly, Gala will, too.
Long
by ItaintJG
1
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
GALA triangle pattern and more range 📖💡🚀Hello 🐋 Based on the chart, the price is in the parallel channel and close to the channel support area, and triangle pattern ✔️ if the price doesn't break the support zone to the downside, we will see more gain 💣🚀 otherwise we can see more correction to lower support level ❌🧨 if breakout of the upper resistance zone be completed, we can see more pump to the upside ✔️🚀 👌 Notice: pay attention to the price on shortcut chart (located below the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
2
GalaTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Gala has dropped -98% from the top. I think the bottom for this coin is in. If the crypto market crash, we may retrest that area again, however, for the most part I'd say the bottom is in. Most coins do not get a -98%. Altcoins would correct -90-95%, -98% or more usually means the project is dead or a ponzi. Gala games has been one of the most promising coins during this bear market. Constantly updating and making new partnerships so we can rule out that this coin is dead or a ponzi. I've added a chart from Coinmarketcap to get the full data on this chart since trading view doesn't have it on any gala charts. The wave count is starting from data I've gotten on CMC. Wave 2 should be in with the -98% drop and we are working on a new impulse wave (3). The top for wave 3 is projected to be around $1.3 We could see this in either 2024 or later in 2028. It all depends on how the crypto market is doing as a whole and if gala games keep delivering. R/R ratio from today's price: 33.4 Potential upside: 2244% Potential downside: -67% this would retest the -98% drop and give us a double bottom. Chart timeframe is on the daily.
by AyoKu
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*
G
by DrDovetail
4
GALA moved 30% today.GALA moved about 30% up today and was mentioned on the top gainers' list. The price is inside an ascending channel, and after touching the bottom of that channel, it gets a pump and reaches the top of it. There are three support areas on the way down and one resistance on the way up; the price will continue to increase inside this ascending channel for now. I'll update this chart when the price comes around the solid resistance. Do you agree with this chart? Let me know if you do, and if not, challenge it. Thank you for your time; I hope this was helpful.
by ShawnMCR
3
Gala it's lead to reach $0.07 centsIn this quickly analysis, it's my update of GALA that I follow in my radar in my investment, I suggested to buy this crypto before to begin to up. I expect a next price to reach around $0.074 cents approx. And we're forming a bullish ascending triangle that it's in formation right now. I expect that this analysis support you if you don't know this crypto. Take a check out of this crypto project. It's amazing to follow on this 2023 and apply the concept to change your crypto-portfolio to update and choose widely some cryptocoins with a lot potential, credibility, transparency and the most important that I consider it's their fundament and philosophy what kind of project it's been unique to appreciate their quality in the fundamental analysis. I hope that this seed will help you to identify good project!!! Good night!!!
BINANCE:GALAUSDLong
by harisonhbn9718
GALA Coin : "Words are useless when the target is clear..."Hi everyone! As we said "Words are useless when the target is clear..." and Gala coin could trigger an interesting technical rebound in the medium term. That said, even if the main trend is still bearish, we think that an accumulation strategy could be the right choice, so starting tomorrow.... "Buy the dip!". In conclusion, we see a potential first bullish target around 0.1123 area. If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below. thanks for your attention and please... trade with care! 💖
Long
by TheAnonymousBanker
10
GALAUSD This will give you one last opportunity to buyGALAUSD has comfortably established trading above the 1D MA200 (orange trend-line) ever since the January 09 break-out. It has long broken above the November 26 2021 Lower Highs trend-line, that was practically the trend-line that dictated the whole Bear Cycle and is officially (having made a Higher High as well) entered into the new Bull Cycle territory. The price is now facing its most significant medium-term Resistance, which is the 0.07400 Symmetrical Pivot Level that has been in effect since October 2021. A rejection there can deliver a pull-back to the 1D MA50 (blue trend-line), which basically will be the last buy opportunity for people who missed the rally so far. A break above that Symmetrical Pivot, which is not on the 0.382 Fibonacci by accident, should coincide with a 1W MA50 (red trend-line) test. Above that we can confidently fill all the upper Fibonacci gaps, which as you see match very well with prior Support/ Resistance levels of the Bear Cycle. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:GALAUSD
by TradingShot
The resistance has not yet been completely brokenGALA has increased in price again in the last 24 hours. With continued support in the market, without a deep pullback, GALA recorded a 40% gain, breaking through its previous high in the $0.050 range. But this resistance has not yet been completely broken. Still, the important resistance of this currency is in the range of 0.062 to 0.070 dollars, and if the price hits this level, we expect to save the full profit of short-term buyers. If the resistance at the current price of $0.050 reacts negatively, the GALA currency can make a deep correction from this area to the $0.030 range, forming a range zone. Then it will be possible to continue the trend until the main resistance.
by MonoCoinSignal
6