SergeevTrade

GALA on the lower border of the channel

SergeevTrade Updated   
BINANCE:GALAUSDT   GALA / TetherUS
GALA on the lower border of the channel. Game token. It may fail to the next level of support. I doubt it will go lower. However, the general structure of growth, in my opinion, is shown on the graph.

I am waiting for your response. It's interesting to hear your thoughts in the comments.
Trade closed: stop reached:
Well, the asset went according to the second option. I entered at the level, and even had a profit on paper for the first time, but it broke even. It would be logical to wait for the entry point at the next support level, at 18 cents and look for a long.
On the spot, if you are an investor, it is a good opportunity now to buy with some of the funds.
Trade active:
We came to the lower border of the channel, as I expected. Take a small long at 0.18550 with a stop for the last low. Risky.
Trade closed: stop reached:
Holy-moly...
Trade closed: target reached:
So, as I predicted, we have fallen to the next level. I will make a new forecast soon. Just look at how FILIGREE we fell to the level))) Oh, these technical assets, I love...
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.