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*Personal Analysis of GALA Token*
Title
GALA in Strategic Correction Phase: Strong Bullish Potential on 4-Hour Timeframe
Introduction
GALA, associated with Gala Games, shows indications of being in a correction phase that might precede a significant upward movement. Based on my personal analysis,
GALA - sleeping giantFinding strong support @ 0.013 - 0.016 range (which is 0.5 fib measuring ATL to ATH)
Huge upside potential @ 4,100% vs -70% risk (assuming we reach / exceed the ATH of $0.76)
Increased movement in the Weekly RSI
2 x breakout attempts of the downtrend. Could be 3rd times a charm 🤷♂️
Estimate flight
GALA ready to push upGALA bouncing from bottom of accumulation range. Pattern it has developed is similar to XRP pattern before it broke out to ATH. I expect that GALA will also break out of accumulation range and push up to test ATH range at least. If it blasts past ATH and wick fibb 1.272 it will correct back to fibb
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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