Get started
capitalwarez

Reverse Head & Shoulder Reversal

Long
Gala Games / Tether (KUCOIN:GALAUSDT)  
capitalwarez Updated   
KUCOIN:GALAUSDT   Gala Games / Tether
Trend Analysis Chart Patterns Technical Indicators gala GALAUSDT galaxy Cryptocurrency crypto cryptotrading nft metaverse
4
0
trendanalysis chartpattern indicator gala galausdt galaxy cryptocurrency crypto cryptotrading nft metaverse
GALA looks like it's ready to prime itself with a beautiful reverse H&S!
If it can break the neckline at 0.83, it's possible to see it reach the local high of 0.91.
If it fails to break the neckline POC, a tumble back to 0.79 and below is possible.

Not financial advice - Just what I'm doing.
Comment:
Waiting to see what is going to happen. It is trading between 0.80-81.
It all depends on the DXY.

If the DXY decides to pump, most if not all of crypto will take a beating.
Comment:
It has to hold 0.80 and close above it!
If fails to do so, trade is invalidated.
Trade closed: stop reached:
Invalidated.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.