TradingOn

$GAL/USDT 1h (#BinanceSpot) Falling channel breakout

Long
BINANCE:GALUSDT   GAL / TetherUS
⚡️⚡️ #GAL/USDT ⚡️⚡️
Exchanges: Binance, KuCoin
Signal Type: Regular (Long)

Current Price:
7.467

Entry Zone:
7.260 - 6.754

Take-Profit Targets:
1) 8.668
2) 9.917
3) 11.168

Stop Targets:
1) 5.618

Published By: @TradingOn

Project Galaxy regained descending TL and broke-out of a smaller parallel channel, reversal seems near.

Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +23.70% | +41.53% | +59.38%
Possible Loss= -19.82%

Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 1 week

Tags: #GALUSDT #Galaxy #Web3 #MVB #Oracle #Creation #BinanceLaunchpool #DeFi #BSC

Website: galaxy.eco

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.