💎 Paradisers, #GALAUSDT has broken out of the resistive trendline and formed a cup and handle pattern, which increases the likelihood of a reversal from here.
💎 If #GALA breaks above the resistance zone and closes a candle above it, this will validate the cup and handle pattern, and we can expect a bullish move.
💎 In the case of a pullback, we can expect a bounce from the demand zone.
💎 However, if there is a breakdown of the demand zone, it will invalidate the cup and handle pattern and the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
💎 If #GALA breaks above the resistance zone and closes a candle above it, this will validate the cup and handle pattern, and we can expect a bullish move.
💎 In the case of a pullback, we can expect a bounce from the demand zone.
💎 However, if there is a breakdown of the demand zone, it will invalidate the cup and handle pattern and the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
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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.