A Slight Move Of Bitcoin Can Trigger GALA Token To Breakout The Wedge

in Steady Speaker2 years ago

Hi friends hope you are well, and welcome to the new update on the Gala token.

After breaking down significant support of $0.07, now Gala is dropped at the next support of $0.05, in fact from $0.05 to $0.043 can be a very strong support zone for Gala.
On an hourly time frame, Gala has formed a rising wedge pattern, which is a bearish biased pattern.

image.png

But as Bitcoin has already broken out a channel and re-testing the resistance of the channel.

image.png

If BTC starts any upward move from here, then Gala can breakout the resistance of Wedge. You can watch a detailed analysis in the video.

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Atif, you are a great hard-working person, and I know for a fact you'll be very successful so soon.

It's an honor for us that you are a member of our small community, and I wish you the best of luck with your technical analysis journey.

Hustle Accepted's Team

 2 years ago 

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