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RLinda
May 28, 2022 8:31 AM

GALAUSDT ! Exit from consolidation down. Falling... Short

GALA / TetherUSBinance

Description

GALAUSDT is a coin that continues to fall. There was an interesting moment on the chart regarding the level 0.14467. The market maker went all the way up, then those who sold were knocked out by stop loss, and hit the orders of those who bought for a breakdown. From 0.16000, the price is reversed and it falls, then those who bought are taken out by stop loss. All in all - classic big player move. No deep pullbacks. Resistance levels work out perfectly, and support breaks through.

The price has left the range of 0.101 - 0.0735 and is consolidating below the level. I think that the price may continue to fall. In the short term, I'm interested in the target - 0.0571. In the medium term - support 0.04379

Sincerely, R. Linda!
Comments
RLinda
Do you agree with me?)
AlkalineFX
Down we go!
DeGRAM
Thank you. I agree
SwallowPremium
Great insight;)) Thank you
Michael_Winner
Strong and excellent Gala/Usdt crypto chart analysis as always
AtlasTrades
Thank you for your GALA/USDT idea!
HAMED_AZ
Nice one 👍
KlejdiCuni
I agree with your idea.
yonsfx
Thanks Linda
UnknownUnicorn15614419
Thanks so much.
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