GLXY failed to make a new high last november and has been retracing since forming a wedge where it is currently testing its lower bound and also where the 55w EMA $22 sits. This levels need to close on a closing basis in order to think that GLXY still has a shot at breaking on the upside towards new highs. Stochastics signal oversold conditions and we are a couple of weeks away from posting a 9 on TD sequential, so there is potential that this could be the bottom. Patience is key on this one and watch for BTC as it currently sits at key levels accordingly.
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