🔥 GALA Bull Flag: Strong Reversal LikelyWith the huge drop last Friday, GALA has made a strong support around the $0.41 area. With today's drop not even coming close, there's a decent chance that this was the bottom for GALA and the price will follow this bull-flag pattern in the near future.
Expect some volatility around the supports and resistances of this pattern.
Since this is a bull-flag, a bullish break out later this month is most likely. However, this is very dependent on BTC's performance.
Happy trading!
Gala
GALA/USDTHello everyone, if you like This idea, do not forget to support Me with a like and follow Me To receive all that is new
Note: If the price leaves this geometric pattern down, this cancels the pattern completely
((But if the price continues to rise after the area of 65, committed to the geometric pattern, this means opening a new bullish cycle, and then I will update the geometric pattern))
What do you think about Gala Future ?
It would be a pleasure to share your opinion with me
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
GALA bouncing off support again NFT drop tomorrowCOINBASE:GALAUSD
I know I'm sounding like a broken record on Gala, but it seems to be recovering from the crash and after this retrace is bouncing off support.
On Dec. 6th the company is having a vox drop that will use gala token to buy NFTS, so watch to see if this could cause the price to continue moving up.
Keep an eye on GALA!Here's a quick look at GALA 4 hr chart. As we can see, the price has printed a bigger symmetrical triangle and we could see a break to the upside soon. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above 0.58$ with good amount of volume .
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The idea is: Buy when the price breaks above 0.58$ and take profits at the levels shown in the chart.
Targets:
1. 0.615$
2. 0.66$
3. 0.75$
4. 0.84$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
GALA/USDTHello everyone, if you like This idea, do not forget to support Me with a like and follow Me To receive all that is new
What do you think about Gala Future ?
It would be a pleasure to share your opinion with me
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
This is a trick to buy your little bitcoins.This is a trick to buy your little bitcoins.
This diagram is very simple and shows that no analysis is needed.
With the advent of Metavars and games on the blockchain domain. Public acceptance of them. Whales lagging behind in this market were used to reap small inventories in the hands of humans. Be careful and do not rush to the price floor, just be a buyer, please.
GALA/USDT
Hello everyone, if you like This idea, do not forget to support Me with a like and follow Me To receive all that is new
Note: If the price leaves this geometric pattern down, this cancels the pattern completely
((But if the price continues to rise after the area of 65, committed to the geometric pattern, this means opening a new bullish cycle, and then I will update the geometric pattern))
What do you think about Gala Future ?
It would be a pleasure to share your opinion with me
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
GALA | Gaming Coin - Quite an Easy Trade!Hi,
Easy to set a stop loss, easy to set a profit target, easy to enter into it after short-term new higher high, so KISS (keep it simple stupid) and ride it, whatever it is a win or loss, the risk-reward ratio is quite good!
Regards,
Vaido
Gala played out nicelyI expected this dip to come as you can see in my previous idea post. I would’ve entered a long position in gala but I didn’t see a the big bounce off support that I wanted to see. So I’m just going to leave this.
BTC is also still dropping and currently below my support & I think it will bring the metaverse market down with it
What do I know tho I’m just an average trader lol
GALA/USD - Be careful, bearish price action. Correction inbound!GALA pumped hard and now it is time to take a pause and correct.
The indicators are curving down and not looking pretty. Best to wait now and let GALA find new support. A good candidate for that is at $0.36.
If market remains bullish, GALA may correct to only $0.5 or thereabouts as shows on the Fib extensions.
In any event, if MACD does a bearish cross on daily, then best to stay away for a while.
Bias is bearish on this formation right now.
Like and follow if you liked this idea!
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GALA bouncing off supportCOINBASE:GALAUSD
Gala seems to be bouncing off support and could move higher or to the upper consolidation levels around 0.76.
The project overall is bullish with many games coming out the end of this year into next.
Big, bigger, GALA? Triangles wen't biggerHey guys, as you can see from my previous analytics you can see that Fibonacci and triangles work very well on gala. Currently I can see a bigger triangle as known in Gala. The triangles went bigger and if it also touched a fib line at the current time of the ending of a triangle the was a breakout. At the right side you also see the "volume" at the prices and the volume is at 0.62 almost the most area. So I will wait until Gala touches the triangle