Short to mid term $gala prediction ====> 35%+ possible
Looks like trignage breakout already large happen on daily time frame and retested .One of the strongest confirmations but it is not without the risk. Gala is long due for relief rally. We may see quick rally towards $0.02 region which is roughly %35 gains! I will update this chart as we move along.
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If gala won't be able to bounce from triangle this idea will be invalid! I think there are some problems with court case about an internal issue. That may be hampering the growth at the moment.
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We are still somehow fine for now but it needs to take off soon. If it goes below $0.013 , could be bad news! Some low intelligent people thinks that israel palestine conflict will destroy the cryptocurrency market.They have combined less 10 million people living in the area.World population is nearly 8.000.000.000 (8 billion )people This is just another excuse for whales to buy cheaper BTC and other assets.Even China pulling out of the market big time did not make a big difference . You do the math! This little dirty game never ends.
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Cz posted comment on October 17 " Earlier today, there was a hardware failure on our active Matching Engine, causing the server to instantly stop and crash. Our Matching Engine automatically failed over to the backup within 10 seconds. Other than that 10 second delay, there were zero issues.
Normally, this would cause a few hours of down time and a lot of tweets. Now, it's 10 seconds"
Seems Innocent at first but he ultimately meant :They robbed all the altcoins so BTC could advance further. BTC went up 2k and altcoins couldn't catch up at all what a coincidence. Hopefully he will fix this otherwise people will lose trust in him completely! When BTC goes down , matching engines never goes down!
Normally, this would cause a few hours of down time and a lot of tweets. Now, it's 10 seconds"
Seems Innocent at first but he ultimately meant :They robbed all the altcoins so BTC could advance further. BTC went up 2k and altcoins couldn't catch up at all what a coincidence. Hopefully he will fix this otherwise people will lose trust in him completely! When BTC goes down , matching engines never goes down!
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Finally big move that we have been waiting!
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Gala pushing towards $0.017 zone. Once it is taken out $0.02 should come easy and next target will be around $0.027. These targets are modest and will be easy to hit with this coin !
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$0.02 taken out quite easy. There is no residence till $0.027 zone and should also be easy target. Gala was able to pull 4x-8x runs quite easly in the past. One of the most underpriced coin in the market currently. Anything is possible even $0.1 figures( 5 x from this point.) .My personal suggestion is not to quit your position for small profit at once. Being patient is the key!
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So far so good. Gala almost completed textbook pullback, Looks ready for second larger run this time. Since my first modest target achieved quite easily, second possible short term target $0.027 should also hit soon!
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Quick possible warning ! currently Gala is mid $0.0187 range. We may see quick drop towards $0.0165- 0.0175 zone and establish new support line then If it holds continue higher!
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So far plan working exactly as planned👀! I could not have drawn lines better. We did touchdown to 0.1775 range and corrected plenty in daily and 4 hour chart.
GALA
is so ready for the next move! This move will be around 0.23-0.27 range. Theoretically easy 15-50% Profit here. Currently @.181 range! Keep an eye on this one👀!
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Currently @ $0.0184 range and going up with style. Soon we should be able to recapture $0.019-0.021 levels and prep for $0.23-$0.27 attempt. DAily chart looking very BULLISH👀!
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Above $.02 range already happened in no time and currently correcting on the short term charts 1-4 hours.
GALA still looking extremely bullish on daily frame and preparing for the big push towards $.023-.027 range.I am expecting this push to happen in short time frames and also can be very quick at the time when you least expecting it. Few possible routes on he short term!
GALA still looking extremely bullish on daily frame and preparing for the big push towards $.023-.027 range.I am expecting this push to happen in short time frames and also can be very quick at the time when you least expecting it. Few possible routes on he short term!
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Gala looks really strong! Even Btc's mini drop 35k to 34.5k didn't really make much difference. All the major rally signs are out there. Expecting a big move soonish! Just saying.
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Yes big move already just in 14 hours. $0.0222 touchdown with massive volume! As per coingecko Gala's daily volume is $935 million currently and market cap is $592 million. Daily volume is nearly 2x as the market cap(Gala's total value) which may mean that we are about to see massive move even way higher than my targets👀. Current value is $0.0218 range. Lets see how high the spike will be👀. Sky is the limit with this Daily volume!!!
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in 2-3 days expecting at least highs of $0.024-0.025 touchdown with a possible extension to $0.027-$0.028 range. This is one possibility out of many. Currently $0.020 range
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If we can't break past 0.022 levels then we may have to pull back to 0.018+ levels and check support once more time.
Trade closed: target reached:
Targets has been reached!