GAL/USDT Break Alert! Bullish Momentum for GAL continue upward.

๐ Paradisers, the recent market dynamics surrounding #GAL have been noteworthy.
๐ GAL has successfully broken out of the resistance trendline, indicating a bullish momentum for its next movement.
๐ There's potential for the price to first test the trendline around the 4.5 area before continuing its upward movement and attempting to break the local resistance at 5.05.
๐ Alternatively, if GAL breaks the resistance directly without testing the trendline area, it could continue its upward trajectory and reach our target area of the Bearish OB and supply zone.
๐ However, if GAL fails to bounce off the support trendline at 4.5 during the retesting phase, or if the price closes below the line, it could signal a retracement back to the Bullish OB area to establish new momentum.
๐ The Bullish OB area holds significance, and if breached, the last bullish support lies within the $2.7 - $2.45 area. Should this support also be broken, it would confirm a bearish trend, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success๐ด
๐ GAL has successfully broken out of the resistance trendline, indicating a bullish momentum for its next movement.
๐ There's potential for the price to first test the trendline around the 4.5 area before continuing its upward movement and attempting to break the local resistance at 5.05.
๐ Alternatively, if GAL breaks the resistance directly without testing the trendline area, it could continue its upward trajectory and reach our target area of the Bearish OB and supply zone.
๐ However, if GAL fails to bounce off the support trendline at 4.5 during the retesting phase, or if the price closes below the line, it could signal a retracement back to the Bullish OB area to establish new momentum.
๐ The Bullish OB area holds significance, and if breached, the last bullish support lies within the $2.7 - $2.45 area. Should this support also be broken, it would confirm a bearish trend, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success๐ด
Want to trade like a PRO without the 15+ year learning curve?
๐ซณSteal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
โ ๐๏ธOr go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
๐ซณSteal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
โ ๐๏ธOr go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Want to trade like a PRO without the 15+ year learning curve?
๐ซณSteal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
โ ๐๏ธOr go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
๐ซณSteal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
โ ๐๏ธOr go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.