Yuriy_Bishko

GALA return to the whales area๐Ÿ”ฅ Time to open long โ“

BINANCE:GALAUSDT   GALA / TetherUS
Hi friends! The GALA price returns to the area where the biggest volume were traded. I suppose that whales buy their GALA here at the bottom. Now you can see how the price return to this area agin and it`s a good chance to open a long if this preconditions will happen:
๐Ÿ”ฅ false breakout of the $0.046 key level or short squeeze below the local lows to activate the sl of small traders
๐Ÿ”ฅ volume growth which shows the additional purchase by the big players and that the small one sell their coins
๐Ÿ”ฅ squeeze to the trendline
๐Ÿ”ฅ bullish BTC. All altcoins follow BTC, so if it`s start to grow, the GALA reach the targets much faster.

๐Ÿšฉ Now the price of GALA is inside the $0.052-0.062 huge value area which is support fot the price.

๐Ÿ“Š The targets:
1. $0.073 - the key level
2. $0.08-0.084 - the closest value area which become the resistance for the price

โœ…Also i will track the huge whales orders wall to BUY using DOM and Footprint. This tools show the exact price where the big players set their BUY limits and I open the long with short sl and best risk to reward ratio (1:7-20 or more). Stay tuned!

๐Ÿ’ปFriends, press the "boost"๐Ÿš€ button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.

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