Gala USD token is forming a falling wedge pattern which is a bullish pattern that begins wide at the top and contracts as prices move lower.
This price action forms a cone that slopes down as the reaction highs and reaction lows converge.
As a reversal pattern, the falling wedge slop[s down and with the prevailing trend.
If the price breakout of the trendline, we may see $1.04 base on the extension of the bull flag pole.
This price action forms a cone that slopes down as the reaction highs and reaction lows converge.
As a reversal pattern, the falling wedge slop[s down and with the prevailing trend.
If the price breakout of the trendline, we may see $1.04 base on the extension of the bull flag pole.