Gala token price prediction 15/01/ 2022Gala game token currently resting on the support trendline $0.324.
If Gala break below this support trendline, it may drop to $0.252 according to the next fibonacci retracement.
Market is waiting and anticipating for Fed interest rates rise announcement soon.
Depending on Bitcoin price performance . If BTC falls, gala will follow. Currently crypto is trading sideways.
Gala
Solice competing with SandboxHello there everyone!!! 😃🌏👋
Thank you for considering my approach today, let's dive in⭐⏬
Note 📌 more accurate target will be available as we move along, this is a relatively new project. My bias is very bullish🏵🐮
Fundamental analysis :🤸♂️🌊
So, Animoca Brands who created the p2e game the Sandbox is at it again along with the incredible Solice team. The CEO of SLC was one of the members of the original Fantom team. Turns out Animoca is top investor in the Solice VR metaverse project . It's no surprise to see them investing in meta projects across all blockchains it's what they do... but not this heavily, so we suspected bullish price action at launch.
Anomica is not the only investor in this VR project either, it was also invested in by gate , Kucoin , and FTX via Alameda research. Launch was on gate and huobi , then it was added to dex's on Solona such as Raydium and Orca .
💭😁
They've locked up a large amount of the supply with a massive staking system ranging across dex's and exchanges. The last staking will be on tomorrow Jan 15th for one full week on gate📌🕘📆
I can't help but think that these big players have something planned for when it's all locked away, after all, Pro Shares just filed for a Metaverse ETF . There is clearly institutional interest and SLC's stopping power against BTC downtrend is very apparent.
Technical analysis: 📈📉
This is relatively new token, so we don't have a whole lot of data yet but here is what we know👀
💫We saw price correct and bounce from 0.618 fib after reaching 4.25 dollars from 7 cents at launch.
💫Watch the chart as it's breaking out on the daily now and seemingly gaining support at 30 percent retracement line.
💫We could see a retest of upper purple line on chart above before more upwards movement.
💫If we fall below ~2.79 again, an updated TA would be wise 🐶
💣 WIth that being said buy pressure is very high right now and no one really knows
✔ This metaverse land💲 is not going to be cheap (in theory)🏜🌋🏝
📆📌🕘 Four land sales🏝 🌅are coming up which will require large amounts of SLC to purchase. The game itself launches this quarter. In my opinion we could see 10 to 25 dollars in the coming months given the current MC and the amount that is locked up.
In fact, at a Sandbox or Mana MC the coin would be worth 100's of dollars in the future... Meta and the right p2e projects have been the play indeed in the past couple months. That being said, I always recommend you do your own research👽
Thank you so much! Happy trading all and please remember 👍👇
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs etc. I always recommend looking at multiple charts when making a big investment!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay ☯
short Gala tp 0.282 short position on Gala tp 0.282
it just my adea and i think gala can achive a new floor on 0.282 $
i think Gala games can will be more successful than metaverse
i will Buy in 3 steps with prices go on blue lines
My tp is $ 100 and $ 125 for midterm
Gala and Metavers are rivals together
Metaverse coins make $ 100 frome 0 in just half a year, so I think gala games can be grow worth more than $ 100 in a year or half of that
How long will the gala continue to fall ???Hello dear friends
How long will the gala continue to fall ???
According to the analysis shown in the chart, I think this coin can approach the strong support in two moves, and after a few short and tight waves in the P.R.Z area, we can hope to change the trend from bearish to bullish.
If this happens in the daily time frame, this coin can enter the big three wave and experience a strong upward movement.
******Appropriate entry points for supports and resistances according to the chart*******
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Thanks dear friends.
Be generous and rich.
GALA 66,5% chance on breakout - since the breakdown trendHello trading friends,
Depending on low time frames study trends, Gala shows the interesting trend for a chance of breakout, of course, you should not go on this technical study trend as the chance are 66.5% - always study your trends well.
Like the Chinese trading do - the red chart is green, and the green is red, - Gala is an example here.
into the chart showing an example of huge breakout - but we can speak about the breakout of increase of 15% +
# this is not a trading call, know that gala even on this interesting trend of 66.5% can still break down, this expecting depending on data chance.
Have a great day.
ROSEUSDT 1D TA : 01.07.22 : $ROSEAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Bitcoin Short 1D TA : 01.07.22 : $BTCDid you see where we recommend it to get SHORT ??? that's how you do it :))))
As we expected, the price break the trading range from the bottom and also lost its important dynamic support. Currently, the first very important support and bearish target is the (Swing Low) price, which is in the range of $ 42,000. Up to $ 42300, if this critical level is broken the next downside targets will be $ 40 ,000, $ 38,600 and $ 37,700 and if all 3 of these support will be lost , the Potential Reversal Zone (PRZ) could be the of 35,500 $ range ... (This analysis will be updated)
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
GALAGALA isn´t so far from buy signal... you have to types of buy signal:
a) in the green zone (0,4 usd)
b) wait for the break of trendline (4h - 12h)
SL is under the biggest wick around 0,3662.
TP start from 20-25% (around 0,5 usd) and higher.
RRR will be definitely more than 2. What we need now is volume.
LBL_CZ
GALA could be due for a correctionGALA had a huge massive runup from .10 to .70, a 7x gain in a short amount of time, so its looking like it may have topped out for now. Its Galaverse conference is over, and typically we see a "buy the rumor, sell the news" event in these cases. GALA is under its 8-day and 21-day moving average on daily timeframe, with 8-day below the 21-day. It tried to re-gain some upward momentum and has been in this uptrending channel but broke down out of it. As of right now I see this possibly retesting any of the 3 support/demand zones outlines below. A move higher back into the channel would change my mind and flip back bullish
GALAGALA is now back at the support of $0.41-$0.43 area. GALA need to hold this support otherwise we will see more downward movement. The first resistance for GALA is $0.47 area and $0.51 area. The major resistance is $0.58-$0.60 area. The next support is $0.36-$0.37 area. You can add some GALA near the support with tight stop loss.
GALA - There is a possibility of testing the 45 and 40 cents areOn a daily timeframe, we see an engulfing bearish candle that provided the conditions for correction. There is a possibility of testing the 45 and 40 cents area in the coming days. Be patient and enter by reaching the range of 40 cents.