After GALA falls, does it wait for bargain hunting before rising
Updated
In GALA’s previous analysis, my opinion was biased toward a downward bull flag breakout.
However, the market did not break out as I expected.
The market is now at the bottom of the triangle convergence and showing signs of breaking below
If GALA chooses to fall below here, it is likely to go directly to the position of 0.04557
The shape of BTC is also in a triangle shape, and there are also signs of falling below
When BTC falls, altcoins fall even more ferociously
However, the market did not break out as I expected.
The market is now at the bottom of the triangle convergence and showing signs of breaking below
If GALA chooses to fall below here, it is likely to go directly to the position of 0.04557
The shape of BTC is also in a triangle shape, and there are also signs of falling below
When BTC falls, altcoins fall even more ferociously
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Trade closed: stop reached
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