GALA was one of the first altcoins to rise in January, but also one of the first to top out and fall.
During GALA's bearish move over the last 5 weeks, a falling wedge pattern has emerged on the chart. Falling wedges are classically bullish reversal patterns.
I'm waiting for a bullish break out before considering a position. Keep in mind we can reverse from the top resistance. Targets in blue.
During GALA's bearish move over the last 5 weeks, a falling wedge pattern has emerged on the chart. Falling wedges are classically bullish reversal patterns.
I'm waiting for a bullish break out before considering a position. Keep in mind we can reverse from the top resistance. Targets in blue.
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