#GALA
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on track to break down strongly and retest it.
We are seeing a bounce from the upper boundary of the descending channel. This support is at 0.01533.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the decline.
We are looking to stabilize above the 100 moving average, but the price is on track to touch it first.
Entry price: 0.01516
First target: 0.01489
Second target: 0.01466
Third target: 0.01434
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on track to break down strongly and retest it.
We are seeing a bounce from the upper boundary of the descending channel. This support is at 0.01533.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the decline.
We are looking to stabilize above the 100 moving average, but the price is on track to touch it first.
Entry price: 0.01516
First target: 0.01489
Second target: 0.01466
Third target: 0.01434
Trade fechado: stop atingido
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Join Telegram Channel Signals Futures and Spot
👉t.me/CryptoSignalFuturesSpot
👉t.me/CryptoSignalFuturesSpot
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.