GALBTC .618 Fibonacci| PA Range| Low Volume| Trend

Evening Traders,

Today’s analysis – GALABTC – trading at a technical location where as bouncer is probable,

Points to consider,
- Price Action Corrective
- .618 Fibonacci Support
- Range High Objective
- Low Volume
- POC Resistance

GALABTC’s immediate price action is corrective and is trading in an equilibrium where a breakout is probable, allowing for a bullish bias.

The current resistance is the POC, breaking this level is critical for a continuation to the range highs.

The current volume profile is below average, an influx is needed for a trend continuation.

Overall, in my opinion, GALABTC is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps,

Thank you for following my work

And remember,

“You have power over how you'll respond to uncertainty.”
― Yvan Byeajee,