GALA/USDT Price Action| Lower Range| Trend| Volume
Evening Traders,
GALAUSDT’s immediate price action is trading towards a lower level of support that has confluence, allowing for a bullish bias,
Points to consider,
- Price Actin Corrective
- Lower Range Support
- Declining Volume
- RSI oversold
GALAUSDT’s immediate price action is corrective and is trading towards a level of support that has confluence with the range low and POC, allowing for a bullish bias.
The current volume profile is on a decline, an influx is highly imminent on the next expansion.
The RSI is current oversold, an oversold bounce play will be probable on the next expansion.
Overall, in my opinion, GALAUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“If you can’t take a small loss, sooner or later you will take the mother of all losses.” – Ed Seykota
GALAUSDT’s immediate price action is trading towards a lower level of support that has confluence, allowing for a bullish bias,
Points to consider,
- Price Actin Corrective
- Lower Range Support
- Declining Volume
- RSI oversold
GALAUSDT’s immediate price action is corrective and is trading towards a level of support that has confluence with the range low and POC, allowing for a bullish bias.
The current volume profile is on a decline, an influx is highly imminent on the next expansion.
The RSI is current oversold, an oversold bounce play will be probable on the next expansion.
Overall, in my opinion, GALAUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“If you can’t take a small loss, sooner or later you will take the mother of all losses.” – Ed Seykota
Join my free telegram! t.me/chartdoctorsanconsultants
Follow me on Twitter! twitter.com/pinkdawn__
Follow me on Twitter! twitter.com/pinkdawn__
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.