Hi friends! Now the price of GALA inside the channel and the 2nd test of lower boundary is possible, but only in case if BTC fall to $16-17k.
I think that the most possible scenario is continue of consolidation or local growth to the 3 targets that i mention below.
📊 The main reasons to open a long: 🔥 trap of the retail traders and volume growth at the bottom. It confirms the pressence of buyer for us 🔥 squeeze to the upper voundary of the channel 🔥 whales buy orders on DOM and Footprint scalping tools 🔥 bullish BTC will push the price of entire crypto market higher and higher
🚩 Can you image how many short are currently opened by retailers after 80-90% DUMP? I think that the liquidation of this short position could cause the HUGE pump of this Game-Fi project. The short traders become the fuel🔥 for the highly possible grow.
✅ Close your long in profit here: 1. $0.044 - the key level 2. $0.51-0.55 - the value area and strong resistance 3. $0.074 - the local high and key level
I recommend you to book at least the 60-70% of profit when the orice reach the 2nd target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
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Hi friends! GALA continue to follow my scenario. You already make +42-45% to your deposit without any leverage.
First target is reached and I think that GALA can easilly reach 2nd target soon. Please, dont forget to pull up your stop losses higher ad fix part of profit!)
Nice chart I agree with your opinion, keep it up!! Thanks for sharing!!!✌️
Goldenbreakout
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Good view
NFTstudio
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thanks
RLinda
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Nice post. I like it)
CryptoVVP
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good)))))
VPutin
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Lol
Solldy
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Great publication. Graphic analysis as if from textbooks. You can see that you have worked through several timeframes, the older timeframes also confirm your arguments. Thank you for your work!