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MyCryptoParadise_Nathan
Aug 18, 2023 7:39 PM

GALA Triangle Pattern: Bullish Divergence Sparks Upside Soon!Β Long

GALA / TetherUSBinance

Description

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πŸ’Ž Paradisers, let's zoom into GALA/USDT. The daily chart is sketching out a triangle pattern, and there's a bullish divergence hinting from the MACD. However, based on past observations, we might witness a consolidation phase that could last days or even weeks.

πŸ’Ž For a solid bullish signal, keep an eye out for a break above the triangle pattern's resistance trendline. Post-consolidation, a surge past the 0.02881 resistance (also a previous lower high) would be our green light. If this happen, we're setting our sights on potential climbs to resistance markers at 0.03313, followed by 0.03857 and possibly even 0.04782.

πŸ’ŽStay informed and navigate wisely, ParadiseSquad!
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