Updated
GALA: Accumulation Zones
There are two local zones of support, both of which will highly depend on BTC's next move. If BTC dumps below $45K, then it's highly likely that GALA will reach zone #2. I think that zone #2 would be a great accumulation area before the next move up. GALA can easily reach $1 on the next bullish move to the upside, which would be more than a 2x gain from here.
This is not financial advice. These are just my ideas and opinions.
You can follow my BTC chart here:
This is not financial advice. These are just my ideas and opinions.
You can follow my BTC chart here:
Note
It is also worth noting that GALA is in a falling wedge on the 4HR chart. Watch for a breakout in the coming days. Support Zone #2 is still valid if BTC dumps further.Note
Breakout above the main trend line.
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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.
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.