without_worries

Gala (GALA)

Long
without_worries Mis à jour   
BINANCE:GALAUSDT   GALA / TetherUS
On the above 4-day chart price action has recently corrected 50% since a sell signal in late January (ask below if you wish to see). A number of reasons now exist to be long..

1) You know why.

2) Price action finds support on the golden ratio.

3) There is a positive divergence between RSI and price action.

4) The bull flag channel, naturally a bullish pattern on confirmation of a breakout to the upper side of the channel.

5) A breakout confirmation will result in a 300% gain from current levels.

Is it possible for price action to fall further? Sure.
Is it probable? No.

Ww

Type: Trade
Risk: <= 6%
Timeframe to open: Now
Return: 300%
Commentaire:
On support. If it fails to close a weekly on or above 0.016 the idea is void.
Transaction en cours:
A good moment.
Commentaire:
woohoo up 20% since last update
Transaction en cours:
See this high divergence printing on the GALA-BTC pair? Was more or less the same with BOND-BTC before a strong move.

There are only 20 tokens of all the tokens listed on Binance printing like this. Gala is one of them.

10hr
Transaction en cours:
Pretty cool huh?
Commentaire:
Past resistance confirms support.
Transaction en cours
Commentaire:
GRM support confirms
Transaction en cours
Transaction en cours:
Commentaire:
500% move. After that, bear market. Get out, exit. No more.

2 day chart

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

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Allow 3-6 months on ideas. Not investment advice. DYOR
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