GALA / TetherUS
Long

price in the phase of maximum contraction

215
as can be seen from the triangle, the price is in a phase of maximum contraction, each contraction corresponds to a phase of strong expansion.
According to my idea, the trend line will be broken shortly and the resistances will be broken, easily exceeding 10 cents.
Although more indicators are neutral, I believe that the contraction in price action and the historical price have more weight in this chart, pushing prices to all-time highs.
Tell me what you think

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.