Short term rally in $GALA? $.037-$.048 target?

27 Kas 2022

A chance at 40%+-80%+ returns?

I know nothing about Gala, but the chart looks very bullish.

The chart looks like it's formed a large falling wedge which broke out and then formed an ascending triangle bottom. Upon a breakout of the triangle, I think GALA rallies to at least $.037 but I think eventually it gets up to $.048.

28 Kas 2022

Not

This might be invalidated. As I posted here

, I still think BTC will head to 12K, thought we had another few days before the move started and that we'd see a bounce up to $17k-$18k. But we broke lower than wanted for this chart to be bullish.

If we can't break above the triangle by tomorrow, then it likely goes lower.

28 Kas 2022

Not

My line in the sand is $.02537. Price needs to get back up above there and hold. If it rejects that range, then price will head lower.

28 Kas 2022

Not

Okay just formed a double bottom and held the bottom range. The rally would need to happen in the next 2 days -- again price needs to get back above $.02537 for it to head higher. Let's see what happens at the new daily open.

29 Kas 2022

Not

Rejected $.02537. Bias is down now.

30 Kas 2022

Not

Resistance now broken. Chart is looking more constructive. Upper targets remain next targets

2 Ara 2022

Not

I'm 50/50 on this idea but I'm not going to take the trade. Market is rolling over - don't want to be long risk.