gala uptrend continuation

17 de jan. de 2023

Gala price needs to cross above and trade above the daily 200EMA. the possible top trend at 0.082. RSI bearish divergence on daily timeframe can be a hindrance to this uptrend idea. will let the market play, as the range filter indicator will not flash a sell signal.

19 de jan. de 2023

Nota

daily rsi bearish divergence and failure to recapture the 200ema. thus, invalidating the bullish idea.

trend will flip to the downside, possible bottom at 0.013

trend on daily chart is bending towards downside direction. if in doubt just observe the price and daily 9MA, price will tend to trade below the 9MA.

the trend is our friend.