Gala Long PlayGala being an OG in the gaming sector has had some rough internal issues. having said that i can still see something like this playing out longer term.
Key stats
About Gala
GALA is the native token of Ethereum-based gaming ecosystem Gala Games. It’s earned as a reward for playing games on the ecosystem and is used for staking to secure the network. GALA token also powers the platform’s store, where users can purchase items and NFTs for use in-game. The Gala network is compatible with BNB Smart Chain, thanks to the use of p.Network Bridge and has also partnered with Polygon, giving it an edge over its competitors.
Galas next targets If the overall market is done w/ correction This bull flag target and then slightly above that is the double bottom breakout target. Price action seems to already climbing up the measured move line of the double bottom breakout so that’s a good sign that a breakout could get validated soon. Could definitely still correct back below the double
GALAUSD Strong long-term Buy.Gala (GALAUSD) has hit both targets (0.06200 being the last) since our last call (October 26 2023, see chart below) and has established itself above the 0.382 Fibonacci retracement level:
All MA periods have turned into Support levels, obviously the 1D MA50 (red trend-line) is the closer (short
Gala breaking upward from inverse head and shoulders patternTarget is 58 cents. Next target after that is retesting the top trendline of the tan channel, aka the double bottom neckline. *not financial advice*
GALAUSD 0.01700 Target hit. What's next?Gala (GALAUSD) hit the 0.01700 bullish break-out target we gave almost 2 weeks ago on the RSI Bullish Divergence:
Since the price broke also above the 1D MA100 for the first time since April 20 but mainly the Channel Down pattern, we shift to the larger 1W time-frame in order to identify the lo
GALAUSD (Daily) - Bullish reversalHi Traders
GALAUSD (Daily Timeframe)
Waiting for the upward break of 0.0165 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.0123 would cancel the bullish scenario.
Trade details
Entry: 0.0165
Stop loss: 0.0123
Take profit 1: 0.0193
GALAUSD Short-term buy signal on a Bullish DivergenceGala (GALAUSD) is trading within a Channel Down pattern since early January and recently got rejected on the 1D MA50 (blue trend-line). Despite the declining trend, the 1D RSI is on Higher Lows, i.e. a strong Bullish Divergence.
The Lower Highs trend-line has been broken, and the previous two times
GALAUSD: Next 1D MA50 break can deliver a massive rally.GALAUSD is testing today the 1D MA50 for the first time in two months on a green technical 1D outlook (RSI = 60.296, MACD = -0.001, ADX = 46.201). Being through all 2023 inside a Channel Down similar to 2022, we can argue that the next 1D MA50 cross over (like the 1W RSI cross over the MA line) can
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Frequently Asked Questions
Gala (GALA) reached the lowest price of 0.020650 USD on Nov 9, 2022.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
Gala (GALA) reached its highest price on Nov 26, 2021 — it amounted to 0.844625 USD.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
You can discuss Gala (GALA) with other users in our public chats, Minds or in the comments to Ideas.
Gala highest price ever is 0.844625 USD, and the maximum drawdown from this value it has ever experienced is 3.99 K%, when Gala reached 0.020650 USD.
The safest choice when buying GALA is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade GALA right from TradingView charts — just choose a broker and connect to your account.