Gala
Gala Moving Sideways Will Explode Next CycleThe first crypto gaming and metaverse wave has left us and we're in the midst of bear market in cryptoland. Strong projects that survive this bear market will likely thrive in the next bull market. One of those projects I believe will thrive in the next metaverse gaming wave will be Gala games. Why? Simply because a lot of developers and innovators continue to create games and experiment on Gala. It is becoming a hub of metaverse, play 2 earn, and crypto gaming innovation. Gala games is well positioned to ride the next metaverse and crypto gaming wave in the not so distant future.
Currently down 93% from it's all time high of $0.85 cents Gala is starting to look like it's moving sideways and being accumulated around the $0.05 cent range. We've been in this horizontal channel since June 13th ranging from $0.045 cents to $0.068 cents. We can always go lower due to the market conditions since we're not out of the cycle and still may have a ways to go before we find a true bottom. All I'm saying family is to keep an eye on Gala. Much peace, love wealth, and health!
False breakout✅ on SOL! Where to open a long?This pullback is additionall possibillity for traders to open the new longs on the alts. Follow this scenario with the false breakout to not miss the next trade on SOL. Let`s get into details!
Solana reach my first target and almost touch $50 (the second target). SOL would have easily reached all the targets If BTC didn't do a pullback and dump all the alts. Check this idea to understand the preconditions!
📊Preconditions to open a long:
🔥false breakout of the trendlines or the possible test the $34-35 value area as a support
🔥volume growth. You can compare this stuation to previous false breakout when the price make a trap of the long traders and pump for 46% after this. Bow we have to expect the same
🔥bullish BTC help reach the targets for SOL
The targets are the closest value areas:
1️⃣ $41-42
2️⃣ $51-55
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
How to avoid✅the BULL trap and make a profit on GMT❓GMT is exit🔻the massive value area of $0.9-1.09 which was the support for the price. Now this value area become a resistance and GMT need to accumulate enough power✅to break it and grow higher.
GMT need to make a pullback to trap the long traders (bulls) and collect all the liquidity of retailers.
📊Preconditions to open a long:
🔥the false breakout of the key level $0.8035. The price start to pump if whales collect enough liquidity to open their longs. Additionally, there is the $0.8-0,82 value area which will be support for the price. So the rebounce is highly possible.
🔥the volume growth - confirmation ✅ of the whales` huge purchases
🔥bullish BTC help reach the targets for GMT
🚩After the false breakout the price start to squeeze to the trendline so it will be the good chance to open a trade with clear sl and tp.
The targets:
1️⃣ $1.165 - key level
2️⃣ $1.35-1.426 - value area
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
I doubt about sign of bullishOn daily chart
BINANCE:GALAUSDT touched at this level 0.0442 twice and bounce back. This signal can make a double bottom to create an optimistic but I doubt about this sign.
Price action just above middle line of channel and closest candle which has lowest price of the day. Both of signs aren't good for a bullish.
Besides, GALA has a next support at 0.02533.
Let's wait and see
GALA broke out#GALA/USDT
$GALA broke out descending resistance and long term descending resistance, and price is above support zone.
🐻 price may continue pullback to support zone around $0.039 then start a new rally.
🐮 or it is possible to rise from here as long as price stay above $0.45, also RSI hold above HMA which is a bullish sign.
GALUSDT - growth by 14%triangle retest, after that growth on volumes, I think this is a good signal to buy
...............................
GALA a quick lookJust a fast chart i threw together hoping to catch a nice pump from GALA
Well see how it plays out :D
📈Gala #GALA $GALA (Jul-19)After breaking out of the downtrend formed from the end of May until now, the buying force is being pushed strongly into GALA. In the near term we can expect a strong rally to the $0.09 area, which is a very strong resistance area that GALA will have a hard time breaking through. But if it approaches the $0.09 zone then it has proven to be very potential in the future and will rise sharply to the $0.13 zone.
We can accumulate GALA in the range of $0.05-0.055 and need to be cautious if it loses the $0.05 zone as it will need more time to start the next uptrend.
BE CAREFUL IF YOU ARE HOLDING GALA.Hey guys, here's a quick update on GALA/USD. Please note that I am not sharing any trade setup on GALA. This update is based on T.A and chart patterns.
Timeframe: 6 hours.
Update: GALA is under a head & shoulder pattern which is technically a bearish pattern. It has already broken down below the support level and is currently in the retest zone. There is two main resistance holding GALA to break through- 1) 21 MA Resistance presently at $0.04941. 2) $0.05245 Resistance trendline.
With the recent rally in BTC, there weren't a lot of changes in GALA's price.
Invalidation Point: The only invalidation level for GALA is $0.05245 resistance (previously support). If GALA break through this then the trend will get reverse and GALA will rally high.
Conclusion: If you are holding long on GAL then keep your SL tight and if you are short on GALA then keep an eye on the mentioned resistance level.
Trade safely, guys.
If this idea makes sense then do like, comment, and follow. That's how we support each other.
Thank you.
Is GALA preparing for takeoff?over the last week we've seen BTC ETH, and most Alts rally above previous lows and break previous swing highs, However GALA remains dormant.
-GALA took support and saw immense buying pressure after returning to one of it's fist swing lows levels from September of 2021 after it's initial pump.
-However, on the HTF it has made a break through previous resistance and is now holding support around .0575
-If GALA can continue to show strength near these lows, we have the potential to see a similar result as we've seen from BTC & ETH over the past few days.
I'm bullish as long as we can hold this support line, around .0575
GALAUSDT Breakout of the wedge can bring your deposit 16%Hello everyone
I have prepared a new signal for you, every day 10 profitable tasks for the Russian and English audience, I think it will not be difficult to send a like and comment on the idea, your feedback is very important to me
Let's move on to new ideas for GALA
On the falling wedge formation chart, the price is approaching the test of the upper border of the pattern, we expect a limited break to the true resistance, the trade is 16%
It is also recommended to pay attention to Bitcoin, if this is a passenger quick squeeze, we advise you to set a take on the car.