GLXY Reversal Confirmed — Entry Still Valid, Targets Set to $36

We opened this long position today in the premium channel — and the entry point is still valid.

📊 FUNDAMENTAL ANALYSIS

Galaxy Digital (#GLXY) is a diversified digital-asset financial company founded by Mike Novogratz. It operates in three key segments:

trading and market-making of digital assets,

asset management and institutional crypto products,

venture investments in Web3, infrastructure, and DeFi.

🔍 Growth-supporting factors:

🟢 Strong recovery of the crypto market (BTC, ETH, and altcoins are all moving higher, directly boosting trading and asset-management revenues).

🟢 Increasing inflows into digital asset funds, futures, and spot ETFs → higher fee income for Galaxy Digital.

🟢 Expectations of improved Q4–Q1 financials, assuming the current crypto momentum continues.

🟢 The stock trades well below its 2021/2024 highs, despite improving fundamentals — making it attractive from a mid-term perspective.

🔴 Risks: high correlation with Bitcoin (any BTC/ETH pullback pressures GLXY), sector volatility, and regulatory uncertainty in the U.S.

🛠 TECHNICAL ANALYSIS (4H timeframe)

📈 LONG

The chart shows a strong reversal structure forming:

🔹 1. Breakout of the descending channel

Price has broken out of a two-month falling wedge with an impulsive candle, closing above the EMA 50 — the first clear signal of a trend shift.

🔹 2. EMA structure

Price is consolidating above EMA 50,

aiming toward EMA 200, which acts as resistance at $30–31.
A breakout of this zone may trigger accelerated upside momentum.

🔹 3. Bullish divergence on RSI

RSI divergence + a breakout of its local trendline confirms the bullish reversal.

🔹 4. MACD crossed above the signal line

And is moving above the zero level → early phase of a mid-term uptrend.

🔹 5. Pivot & R1 levels

Pivot (P) = 25.25 has been confirmed as support.

Next target — R1 = 36.98, matching our T1 level.

↗️ TRADE SETUP
🎯 Target 1 (T1): $36.31

Aligns with the R1 zone and the upper volume range from September.

🎯 Target 2 (T2): $42.51

A major liquidity zone with previous sellers.
Also corresponds to the 65% measured-move projection shown on the chart.

📊 Upside potential from current levels: ≈ +45%

💼 Portfolio #active_management

GLXY fits perfectly into the current crypto-sector market cycle.

⚠️ All ideas published are not investment recommendations and represent only the personal opinion of the blog’s author.