GALA is under resistance, the possibility of decline.
Comment:
Comment:
Gala landed on the support I marked.
It probably won't last.
It probably won't last.
Comment:
I can't tell when Gala wakes up from hibernation.
Comment:
A beautiful example of how Alts tend to return to where they started.
Many people may be tempted to buy because they see how low it is (-97.7% from ATH).
I'm not saying that there is no chance for future growth, it's so big that the whales only need a small investment that will make an initial candle that will attract retailers and if the whales support it at that time with positive news (it's enough if they pay a few hundred dollars for an edition on various websites), so they will definitely make money from it.
But I still think it is better to look for strong patterns at the beginning of a bull run (ascending triangles, diamond patterns...) and then leave the deck in time.
Many people may be tempted to buy because they see how low it is (-97.7% from ATH).
I'm not saying that there is no chance for future growth, it's so big that the whales only need a small investment that will make an initial candle that will attract retailers and if the whales support it at that time with positive news (it's enough if they pay a few hundred dollars for an edition on various websites), so they will definitely make money from it.
But I still think it is better to look for strong patterns at the beginning of a bull run (ascending triangles, diamond patterns...) and then leave the deck in time.