GALAUSDT
the GALA breakout 🚀Based on the chart, the price is close to channel resistance ✔️
and
has started to gain from the support area ✔️🚀
if
the price breaks the channel resistance and our purple area here to the upside and stays far from the purple area, we expect gain for the price 🚀
we have
major resistance on 0.50 area and if the price breaks the round number of 0.50 and stays above this area we can see more gain 🚀🚀
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
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GALANot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
GALA to run uphill if it continues to ride above the TrendlineI am still bullish about GALA so far as it maintains its position above the TL.
My bullish TP will be $0.24 zone
However, if it breaks below the TL it may retest the last lowest point around the $0.55 zone.
GALA to the moon in LONG TERM INVESTMENT
GALA, EXPOSED TO EXPLOSION !!!One of the currencies that has reached an excellent level following the recent correction of the market is the GALA. As shown in the chart above, the price divergence is evident and we saw a good reaction from the gold level of 61.8 Fibonacci.
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Please make the right decision by reviewing yourself and managing your capital.
GALA - Good entry timing and TP/SLBYBIT:GALAUSDT
1H trend chart
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GALA broke out the downtrend line on 1H, and retested it before.
It's kind of support transformation from resistance.
Also, there is a potential double bottom formation, so we can take entry here with trading strategy as below.
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Profit Targets:
a) 0.21050----Fib(1)
b) 0.21925~0.22279----Fib(1.272~1.382)
c) 0.23037----Fib(2)
Stop losses:
a) 0.17948----Red horizontal ray
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Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
GALA/USDT: LOOKS PRETTY GOOD.Recently, we saw a good rally of 45% on GALA/USDT after soon followed by a drop of around 23%. GALA has a good potential to reach $0.22 or even higher.
I have entered this trade at $0.191 and will accumulate more at the bottom. I am keeping my SL at $0.177.
Do not use high leverage and accumulate the dip to average the entry
Note: I have done my own research and trading at my own risk. So, do your own research before investing.
Trade safe.