GALA could be due for a correction

15 בדצמ׳ 2021

GALA had a huge massive runup from .10 to .70, a 7x gain in a short amount of time, so its looking like it may have topped out for now. Its Galaverse conference is over, and typically we see a "buy the rumor, sell the news" event in these cases. GALA is under its 8-day and 21-day moving average on daily timeframe, with 8-day below the 21-day. It tried to re-gain some upward momentum and has been in this uptrending channel but broke down out of it. As of right now I see this possibly retesting any of the 3 support/demand zones outlines below. A move higher back into the channel would change my mind and flip back bullish

6 בינו׳ 2022

הערה

still breaking down, descending triangle broke.