Btcusdt is bearish pennant 49 RSI - suggests BTC has potential to reach $31000 zone A resistance at a lower high would reinforce this idea.
20th - 21st of Feb saw the "death cross" with the 50 EMA and 100 EMA crossing under the 200 EMA line. A falling wedge pattern at the base of the decending channel also suggests that a reversal may occur in the next week. If we can close a daily candle above 0.350 then 0.468 and 0.54 are my next targets. RSI at 53
Can GALA breakout of descending channel or will it reject 20 and 50 EMA ?
MANA is in a descending triangle Two rejections at 0.236 and 0.382 fib retracement If bitcoin behaves MANA may reach 0.5 to 0.618 fib retracement in a week or two
Bitcoin down 15% to the $38,000 mark GALA RSI oversold at 25 If GALA drops to $0.217 then a fall to $0.175 is quite likely May see another rejection of descending resistance before a break through to marked target
Gala is forming a wedge. 5 bounces on resistance line and four bounces on support line. Next target $0.5644 RSI around 40 Volume decreasing since 6th February. Very bullish on GALA
Gala had had a recent run of 157% Expecting progression to 0.618 fib level in the next two weeks.