GALA: Can We Expect a Major Bullish Reversal? 🌟💎 Paradisers, #GALAUSDT has broken out of the resistive trendline and formed a cup and handle pattern, which increases the likelihood of a reversal from here.
💎 If #GALA breaks above the resistance zone and closes a candle above it, this will validate the cup and handle pattern, and we can expect a bullish move.
💎 In the case of a pullback, we can expect a bounce from the demand zone.
💎 However, if there is a breakdown of the demand zone, it will invalidate the cup and handle pattern and the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
Galausdtanalysis
#GALA/USDT #GALACOINTrade Setup with Technical Analysis
#GALA/USDT (BINANCE)1 day chart.
STOP LOSS :- 0.03914
BUY AROUND:- 0.04176
SELL TARGET:- 0.04600
Risky Target 🎯 : - 0.04700 , 0.04900
Fundamental Analysis of #GALA Market Latest updates :-
The social and mobile games company that launched video games Poker and Farmville. As of April 2022, Gala Games has over 1.3 million monthly active users and has sold roughly 26,000 NFTs, with the most expensive one worth over $3 million