INDEX:GALA Coin Update !!
• Price Trying Now to Bounce back From its Last Support.
• Major indicators look over sold.
• i think you all now about conflict b/w ceo & co-founder of #Gala coin.
• invest only what you can afford to lose.
• If you already open postion in long around 0.0155$ then just hold your trade and move sl at entry price.
• If its break its...
Some update on gala. Today gala has managed to cover up the big gap up run up since 17th Nov 2011.
A big pullback and the price retracement of 82%. We may see a bottom here.
Currently the rsi is oversold and the stochastic is resting at the bottom on the day time frame.
Gala USD token is forming a falling wedge pattern which is a bullish pattern that begins wide at the top and contracts as prices move lower.
This price action forms a cone that slopes down as the reaction highs and reaction lows converge.
As a reversal pattern, the falling wedge slop [s down and with the prevailing trend.
If the price breakout of the trendline,...
