GAL - we are still holding, but...

2022年5月17日

Hi, well to be honest it is very probable that we will go out from triangle in bearish style, but since there is a chance for up movement I prepared a chart for you :-). Today FED annouced that there will be higher intrest rates which is not good for market. But market after does information seems do not give a damn, because SPX is going higher and higher. We are allready at 4085 points at SPX when im writing this, but BTC is at 30k. 3 weeks ago it was different. It seems that crypto lost momentum. When SPX is going faster up, BTC is like old car. But different story is when SPX is dumping then BTC is like Ferrari. When I see those charts all the time, it is very unclear for me if we are really going to see 33-34k even, beacuse I can imagine that TOP for SPX is 4300 points, after that there will be probably very huge dump. We might not get even close to figures 4300 without heavy dump, which means for BTC will be arround 32k. Keep your stop losses and trade safe because something is really strange. Im expecting one more huge dump when all Alt coins will go to starting positions :D. For Gal might be even 1.5$ - ohhh god no... Regards!