GALA / TetherUS
Long
Updated

Gala (GALA)

7 777
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%
Note
On support. If it fails to close a weekly on or above 0.016 the idea is void.
Trade active
A good moment.
Note
woohoo up 20% since last update
Trade active
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
snapshot
Trade active
Pretty cool huh?
Note
Past resistance confirms support.
Trade active
Note
GRM support confirms
Trade active
Trade active
snapshot
Note
500% move. After that, bear market. Get out, exit. No more.

2 day chart
snapshot

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