GALA is breaking down
GALA has been moving in an ascending channel and it's breaking down.
RSI is at breaking point as well.
Target would be the EMA 50D.
* For safe trade, one should wait for confirmation before entering (a clear break-down with 4H candle and succesful retest of trendline if needed (depending on you style)).
Note
GALA is bouncing from trendline, entry for this needs to be waitedTrade active
Trade closed manually
Stop at entry. BTC holds well the $23000 for the moment
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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.
Related publications
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.