After a prolonged downtrend on metaverse coin #GALA, the support appears very solid and is most likely to set a huge potential breakout.
A bullish momentum can give more than 250% growth from current price.
💎 Paradisers, #GALAUSDT has broken out of the resistive trendline and formed a cup and handle pattern, which increases the likelihood of a reversal from here.
💎 If #GALA breaks above the resistance zone and closes a candle above it, this will validate the cup and handle pattern, and we can expect a bullish move.
💎 In the case of a pullback, we can expect a...
💎 GALA has recently broken out of a descending channel and formed a cup and handle pattern, indicating a potential bullish reversal. Additionally, the price has exhibited signs of CHoCH (Change Of Character) and BOS (Break of Structure), further supporting the bullish market structure and increasing the likelihood of a bullish move.
💎If GALAUSDT manages to break...
INDEX:GALA Price Prediction 2025: This Gem Could Make You Rich With 40-50X Growth
If price action follows my Elliott Wave count, #GALA has explosive potential by 2025
I expect a 20-30% retracement to the 0.786 level - an ideal accumulation zone IMO.
- Entry Target: $0.014 to $0.017
- Breakout Level: $0.036
- Post-retracement, GALA could deliver 40-50X...
💎 Paradisers, let's zoom into GALA/USDT. The daily chart is sketching out a triangle pattern, and there's a bullish divergence hinting from the MACD. However, based on past observations, we might witness a consolidation phase that could last days or even weeks.
💎 For a solid bullish signal, keep an eye out for a break above the triangle pattern's resistance...
Trade Setup with Technical Analysis
#GALA/USDT (BINANCE)1 day chart.
STOP LOSS :- 0.03914
BUY AROUND:- 0.04176
SELL TARGET:- 0.04600
Risky Target 🎯 : - 0.04700 , 0.04900
Fundamental Analysis of #GALA Market Latest updates :-
The social and mobile games company that launched video games Poker and Farmville. As of April 2022, Gala Games has over 1.3 million...
After termendeous sideways market a upside potential can be seen in gala stick to the stopp loss and adjust your profit according to the conditions
NOTE: This is for educational purposes only This is not a call to buy
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.5367).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GALAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
As GALA is listed since september and i am analysing in just after one month no proper pattern i could realise but yes, fib retracement is working and charts are respecting it
Levels mentioned in chart !!
