Gala (Uniswap: GALAWETH) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, GALA began a red wave one advance on December 30, 2020. The red wave one peaked on December 31, 2020 and the red wave two correction ended on January 20 this year. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on February 8 and the red wave four (blue sub-waves a-b-c) correction ended on February 12. If this wave count is correct, GALA should be heading next towards the February 8 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
GALA is designed to power the Gala Games ecosystem to support gaming creators and players, alike. Blockchain Kingdoms explained the project one week ago.
How Will Gala Trade?
Gala (Uniswap: GALAWETH) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
GALA will takeout the February 8 peak
GALA will drop below the January 20 low
GALA will stay in a trading range between the January 20 low and the February 8 peak until March 22
GALA will stay in a trading range between the January 20 low and the February 8 peak until March 22
GALA will stay in a trading range between the January 20 low and the February 8 peak until March 22