Long
$GALAX - Bearish Bat, Bullish cross
Basic harmonic framework would suggest a minimum of an 88.6% retrace to complete the bearish bat. If we get a broader market move to the upside, id personally be looking for a 1.618, in typical crypto fashion.
A pull back would be ideal for entry with a deeper stop, but this is one way to set up here. You could also limit down a bit in small increments and move your stop under C in the event of a pullback.
A pull back would be ideal for entry with a deeper stop, but this is one way to set up here. You could also limit down a bit in small increments and move your stop under C in the event of a pullback.
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discord.gg/2b6UjxEY
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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.