Long GALA
So was watching this last night, kind of sad I didn't get a part of it last night but trying to only be a part of trades that I can actively monitor. I felt like I've had a couple of trades go very badly holding overnight when I wasn't watching. So I believe I'm going to generally just wait and trade off the action of the previous night.
But this was an interesting trade because I had noticed that both GALA and SOL had not really gained much ground over the past 24 hours last night but I had noticed while Solana went down gala went sideways. I'm kind of betting this is more of the metaverse padding because everybody's so hyped about it. So I originally took a short trade as it dipped below the support line but as I noticed it making new highs I reverse the trade only losing about 50 cents
Now I think I got out of this a little early but I don't want to be a part of the pullback when it happens. I'd rather it pull back create a new level and then begin to push off of that and when it begins to push off put in a buy. So at this point I know okay we've pulled back and now this is the reaction after the pullback.
But this was an interesting trade because I had noticed that both GALA and SOL had not really gained much ground over the past 24 hours last night but I had noticed while Solana went down gala went sideways. I'm kind of betting this is more of the metaverse padding because everybody's so hyped about it. So I originally took a short trade as it dipped below the support line but as I noticed it making new highs I reverse the trade only losing about 50 cents
Now I think I got out of this a little early but I don't want to be a part of the pullback when it happens. I'd rather it pull back create a new level and then begin to push off of that and when it begins to push off put in a buy. So at this point I know okay we've pulled back and now this is the reaction after the pullback.
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