$GALA - price update: A BIG MOVE MAY BE SEEN, BUT ON WHICH SIDE ?? ๐๐ [2]
The price followed the green path on my last update and it's now stuck on the yellow box [H4]โณ
The price is consolidating since many week above the 0.003800$ support... Awaiting for a breakout.
Very neutral zone & lack of buy pressure at the momentโ๏ธ
POSSIBLE BULLISH WEEK RETEST, BUT IF $0.003800 is broken on the downside, then prices could fall even further!
The short term PA is bearish, with a daily rejection again on the 0.0440$ resistance๐
Zooming on the bigger picture, the main levels to watch on are 0.05200 and 0.003800 $ โณ
๐Morality: I don't know if the pattern will break up or down. This is especially the coin that I avoid to trade x)
๐ฏKey levels are mentionned on my last daily chart.
I'd say 70% in favor of the bear, and you??๐
