Algo_Analyst

Gala complete analysis

Long
BINANCE:GALAUSDT   GALA / TetherUS
Hello traders, welcome back.
I hope everyone is doing good.
I decided to write down about my own watchlist during this unstable market, this way you can have a solid strategy on how to react in certain scenarios. during these series of Idea I will be talking about how the charts are looking, support and resistances and also what to expect in short, mid and long term.
* Keep in mind this is not a financial advice *
Gala had rose real high, after that big bull run we had a quite good correction in price ( Orange trend line ), recently price broke out of the trend line, did a pull back and went up for around 30%.
as you can see, I have market two major support zones, in the previous market crash, we touched the lowest one which was a great entry, now what expect is that we will be in this range for a while.
if you are willing to buy this crypto, two support zones are the best place to have a buy order :
I believe we had our first leg up and now there is one more leg left, so my long term prediction would be 1.17$

Good luck
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