GALA bullish or bearish?Looking for a break out of this triangle i’ve drawn up. Resistance and support seem to be around 0.051 and 0.035. I’m feeling over all more bullish since a lot of weekly stoch rsi have reset now in the broader crypto market. That’s just one of many indications though. Anything could happen. If we don’t pop soon. Then more side ways is unfortunately underway. Also looking for quick wick down before possible rocket reverse. We still need more new crypto buyers and less negative media to get a party going.
Also… The 12 hr for GALA looks like an inverse bart simpson pattern. Since it’s formed a solid bottom with inefficiency in the opposite direction. Time will tell for how strong GALA is though. I’m long around here 0.044 looks convincing. I’d be pretty concerned if we loose the big support around 0.036 though.
Let’s see how this plays out this week.
