Couple days ago I made an analysis on GALA where I discussed the huge reversal after completing the classical bubble pattern. See below.
As of now, GALA seems to be consolidating inside a bullish channel. With GALA seeing massive gains lately, it was to be expected that we'd see some minor consolidation.
I'm looking at the lower trend line for a potential bounce. Safest way to trade would be to wait for a confirmed reversal.
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.