A Slight Move Of Bitcoin Can Trigger GALA Token To Breakout The Wedge

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    moon333

    Published on Jun 16, 2022
    About :

    Hi friends hope you are well, and welcome to the new update on Gala token.

    After breaking down a significant support of $0.07, now Gala is dropped at the next support of $0.05, infact from $0.05 to $0.043 can be a very strong support zone for Gala.

    On an hourly time frame, Gala has formed a rising wedge pattern, which is a bearish biased pattern.

    image.png

    But as Bitcoin has already broken out a channel and re-testing the resistance of the channel.

    If BTC starts any upward move from here, then Gala can breakout the resistance of Wedge. You can watch detailed analysis in the video.

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