Yuriy_Bishko

GALA/USDT - the price is testing this big value area

BINANCE:GALAUSDT   GALA / TetherUS
Let's analyze the GALA chart. Price has tested the big value area as support. A bounce is now very likely to occur. A bounce could occur to the liquidity area, which is marked above. If your strategy is a bounce, it could be a good buying opportunity.

But while the market is still showing weakness, you should not discard the downside scenario. A price squeeze and a break of the upper boundary of the big value area could be a good selling opportunity.

Write in the comments all your questions and instruments analysis of which you want to see.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.