Yello Paradisers, Potential Exploding!
π GAL has successfully broken out of its descending channel pattern, backed by substantial trading volume. After hitting a supply zone and facing rejection, GAL is now in a retesting phase along its support trendline.
π Notably, this area also aligns with the Golden Ratio of the Fibonacci sequence at 0.618, making it a robust support zone ripe for accumulation. The current candle pattern suggests a bullish hammer rejection, but we'll need a daily close to confirm its validity.
π If the daily candle maintains this hammer shape, it's likely that the following candle will be green, signaling a continuation of upward momentum.
π The bullish narrative would be negated if GAL's daily candle closes below the Bullish Order Block (OB) area.
π GAL has successfully broken out of its descending channel pattern, backed by substantial trading volume. After hitting a supply zone and facing rejection, GAL is now in a retesting phase along its support trendline.
π Notably, this area also aligns with the Golden Ratio of the Fibonacci sequence at 0.618, making it a robust support zone ripe for accumulation. The current candle pattern suggests a bullish hammer rejection, but we'll need a daily close to confirm its validity.
π If the daily candle maintains this hammer shape, it's likely that the following candle will be green, signaling a continuation of upward momentum.
π The bullish narrative would be negated if GAL's daily candle closes below the Bullish Order Block (OB) area.
Trade closed: target reached:
Just like clockwork, #GAL is tracing our forecast, hitting that sweet 60.51% growth mark
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Follow a team of traders with 10+ years of experience?
JOIN FREEπ t.me/+IaNzEzXsdiBlNDg0
ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV