GALA / TetherUS
Panjang

#GALA/USDT – History Repeats? Another Bounce from Key Support

215
#GALA

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and heading for a strong breakout and retest.

We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.

There is a major support area in green at 0.015100, which represents a strong support point.

We are heading for consolidation above the 100 moving average.

Entry price: 0.01500
First target: 0.01593
Second target: 0.01660
Third target: 0.01743

Don't forget a simple matter: capital management.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

Thank you.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.