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noname_darkway
Dec 28, 2021 11:07 AM

GALA the beginning of a new uptrend Long

GALA / TetherUSBinance

Description

GALA has been in a downtrend for more than two months. It is only now showing signs of a new uptrend.

It is also worth highlighting that a technical pattern - a symmetrical triangle - has formed on the chart. And the price has broken through the upper boundary of the pattern, which is a positive signal for the continuation of the uptrend. According to the rules of the pattern, target = height of the triangle.

We don't know if the price can reach this target, it is important to analyze the bitcoin's performance, as all altcoins are correlated to bitcoin .
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