4h time frame
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GALA finished the 1st pumping wave(0.0125 ~ 0.022), and start retesting the demand zone. The demand zone is also on the same level of 0.382 Fibonacci Retracement. Further, MANA which is the GameFi field as GALA is going up to structural supply zone, so we can set up a trading plan that target is benchmarking to MANA.
TP: 0.025~0.028
SL: 0.0168
Hello traders!
Gala has formed a strong sell pattern.
We can see a J shape pattern. Normally market fall after the first bearish candles but in some cases markets forms a rising wedge pattern at the peak and then drops.
In this case the rising wedge is already broken and i am expecting a dip in GALA.
If the market dips lower and breaks the 0.0720 then the...
