Long
GALA slowly crawling up after bounce off support area
COINBASE:GALAUSD
GALAUSD is slowly moving up after a bounce of the support area (based on ICT bullish order block) and Fibonacci retracement.
There was a company event on Dec. 6th, a vox drop with NFTs being sold in Gala Token that seems to have helped the price recovery.
Total Crypto Market Cap along with BTC are looking like they are back in the bullish mood, also hopefully we will have good news that the Omicron variant is not as severe as the Delta. That could put risk-on assets back into positive momentum. The USD is still very strong but seems to be in a sideways consolidation from Nov 30ths FED speech.
GALAUSD is slowly moving up after a bounce of the support area (based on ICT bullish order block) and Fibonacci retracement.
There was a company event on Dec. 6th, a vox drop with NFTs being sold in Gala Token that seems to have helped the price recovery.
Total Crypto Market Cap along with BTC are looking like they are back in the bullish mood, also hopefully we will have good news that the Omicron variant is not as severe as the Delta. That could put risk-on assets back into positive momentum. The USD is still very strong but seems to be in a sideways consolidation from Nov 30ths FED speech.
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