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After a huge market shakeout, the price of $GALA is showing a strong reversal on the chart of both the 4hr and 1D time frames. If the support levels of 0.026 - 0.0275 holds on the 4hr chart, then whatever is happening on the lower time frames could be just noise.
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🎭 We are most likely in the shakeout stage of the market cycle, as many alts are returning to their depression-period prices. Although many people are hesitant to buy now, the market is actually offering a second—and possibly final—chance to enter. 👉 The best tactic for the current market situation is the DCA strategy. Why??? This is because nobody can predict the bottom even though prices could still drop slightly. DCA involves investing a fixed amount of money at regular intervals over a specific period, regardless of the price. By using DCA, investors can lower their average price of crypto and reduce the impact of volatility on their portfolios. $BTC $REZ $GALA
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Listen! The market is not going anywhere. Success is this space requires the right perspective and attitude. Emotional traders are very common in this space. They panic sell when the market dips and fomo buy the top when the market rises. I've been here before. With no proper risk management, this pattern only leads to losses. If you're emotionally bruised anything the market dips, then you need to re-assess your overall perspective of the market and adjust your attitude accordingly. 👉Those traders that excel in this space approach the market differently. 👉They are able to see the market behaviour beyond the rhetoric of the chart, with little or no emotional attachments. 👉They learn from their mistakes and make the necessary adjustments. 👉When the market dips, they rather study market patterns and act decisively. This is why they succeed. To see victory only when it is within the ken of the common herd is not the acme of excellence. - Sun Tzu $BTC $GALA $REZ
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The chart of $GALA on the 4hr time frame looks good a long trade as well as the daily time frame which shows a steady upward momentum. $BTC
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$REZ price update. The price of #rez gradually gaining upward momentum.
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