#Gala Coin Analysis (18/11)💹
📌Thanks be to God, after we got a final target for the currency at a price of 0.03140, where we entered into several deals at different prices before the start of the rise and you saw their results, the time has come, and upon your request, to provide a comprehensive analysis.
📌The current situation is that the currency is moving in an ascending channel well so far, with the utmost respect possible for this channel, and this is what prompted us to repeat several deals on it. Currently, the currency will enter a corrective decline that is not a cause for concern, perhaps continuing to the 0.02900-0.02836 area, which is the bottom of the current ascending channel, and then resuming the rise again to retest the 0.03073 area, and if it is penetrated and stabilized above it, we will see a price of 0.03340.
📌 If the 0.02900-0.02836 area is broken and stabilized below it, the price will have broken the ascending channel and will try to retest 0.02751 as a support area to resume moving upwards.