Around a week ago I made an analysis where I discussed the classical bubble formation of the GALA daily chart. Take a look below.
As seen on the chart, GALA was one of the biggest losers of the current sell-off, losing over 80% of its value from top to bottom. After finding a bottom around $0.20, accumulation started, followed by a massive 2-day pump, which we're seeing now.
Two main areas of interest are the $0.37 and $0.43 resistances. If GALA can keep momentum, we could see these prices in the very near future.
Happy trading!
As seen on the chart, GALA was one of the biggest losers of the current sell-off, losing over 80% of its value from top to bottom. After finding a bottom around $0.20, accumulation started, followed by a massive 2-day pump, which we're seeing now.
Two main areas of interest are the $0.37 and $0.43 resistances. If GALA can keep momentum, we could see these prices in the very near future.
Happy trading!
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Related publications
Disclaimer
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.