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GALAUSDT

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
GALAUADT 4h Let's take a look at the GALA/USDT pair. This coin is putting on a show in graphical analysis. Notice that after that high in the first week of January, it formed a nice smooth bullish trough currently it has reached another support zone of that trough. We have two possible moves here. First: The continuation of this channel, GALA could go up to 0.0527 and pull back up Second: Rejection and retreat from Channel , for a downward movement towards . The prognosis is favorable, as it is one of the main coins of the metaverse. Here are the supports and resistances in the 4H: Main support levels : 0.05393 / 0.04726 / 0.04205 Main Resistance Levels : 0.05962 / 0.06873 I'm not a financial consultant. The content I share on this site is for educational purposes and is my own personal opinion.
Long
by ferulianov
GALA analysis ...Hello guys... As you have seen over the past few weeks, the cryptocurrency market has been very bearish and no signal has been observed to change the trend. I still encourage you to short position. here we have #gala, this cryptocurrency formed in a bearish channel and in my opinion will break main lower low (main support level). but be aware if this channel break up top line it will be bullish for a few weeks at least. always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment.
by melikatrader94
6
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 Echo bubble targetsGALA, when it pops, pops extremely violently. You blink and it's done a 9x. Now that it is over the 200ma, some very interesting things can happen. Bearish bias is wiped out, and momentum will begin to markedly shift. I've set some targets for a potential echo bubble around .15, .19, and .29, assuming we don't see the same strength as we saw during peak bull euphoria. There's some news about a 500M quarterly burn that could help sustain in this resistance area.
Long
by vccrypto
1