Gala (GALA)

On the above 4-day chart price action has recently corrected 50% since a sell signal in late January (ask below if you wish to see). A number of reasons now exist to be long..

1) You know why.

2) Price action finds support on the golden ratio.

3) There is a positive divergence between RSI and price action.

4) The bull flag channel, naturally a bullish pattern on confirmation of a breakout to the upper side of the channel.

5) A breakout confirmation will result in a 300% gain from current levels.

Is it possible for price action to fall further? Sure.
Is it probable? No.

Ww

Type: Trade
Risk: <= 6%
Timeframe to open: Now
Return: 300%

Kommentera:

On support. If it fails to close a weekly on or above 0.016 the idea is void.

Handel aktiv:

A good moment.

Kommentera:

woohoo up 20% since last update

Handel aktiv:

See this high divergence printing on the GALA-BTC pair? Was more or less the same with BOND-BTC before a strong move.

There are only 20 tokens of all the tokens listed on Binance printing like this. Gala is one of them.

10hr

Handel aktiv:

Pretty cool huh?

Kommentera:

Past resistance confirms support.

Handel aktiv

Kommentera:

GRM support confirms

Handel aktiv

Handel aktiv:

Kommentera:

500% move. After that, bear market. Get out, exit. No more.

2 day chart