The crypto boom has just begun and with BTC making new ATHs i have decided to start sharing some of my personal crypto plays for this cycle. The gaming space is like an untapped market in crypto and with GALA being heavily beaten down, i think a comeback is in the cards with a minimum return of 3x in this cycle but depending on how hot things get we may see alot more than that. 👀
The risk to reward ratio here is extremely appealing, best of luck!
The risk to reward ratio here is extremely appealing, best of luck!
Note
i dont really think we will fall from 0.0240 anymore this cycle, lots of confluence here includingmedium term support
4H 50 EMA
Anchored VWAP retest
and 0.5 FIB level bounce
lets see if we can finally break up to the next level or continue to consolidate. will add to my position if we restest the support
Note
no time for a pullback. we broke right through that. No need to sell anything unless your actively trading this, we have entered early and can ride the volatilityit looks like we are becoming overbought and i expect a meaningful pullback, but the FOMO can continue to flood as BTC breaks 100k. We may just see 8 cents alot sooner than later
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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.