Around a week ago I made an analysis where I discussed the classical bubble formation of the GALA daily chart. Take a look below.
As seen on the chart, GALA was one of the biggest losers of the current sell-off, losing over 80% of its value from top to bottom. After finding a bottom around $0.20, accumulation started, followed by a massive 2-day pump, which we're seeing now.
Two main areas of interest are the $0.37 and $0.43 resistances. If GALA can keep momentum, we could see these prices in the very near future.
Happy trading!
As seen on the chart, GALA was one of the biggest losers of the current sell-off, losing over 80% of its value from top to bottom. After finding a bottom around $0.20, accumulation started, followed by a massive 2-day pump, which we're seeing now.
Two main areas of interest are the $0.37 and $0.43 resistances. If GALA can keep momentum, we could see these prices in the very near future.
Happy trading!
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