GALA: Signs of Strength

GALA has been in a downtrend for about 66 days. I have my fib measured to the ATH candle close (not the wick), and the .786 held when BTC fell to 33K.

So, is this considered the start of a reversal?

There are signs that are pointing in that direction:

• Daily RSI was heavily oversold and has broken the downtrend
  
• The main downtrend line of resistance has been broken as well
  
• .786 fib held and bounced above the .618
  

For now, GALA is looking strong, and I'm long-term bullish on the Metaverse projects. Short-term movement will depend on BTC's position.

This is not financial advice. These are just my ideas and opinions.