Coin Name: #GALA.
Position: LONG๐
๐ I can see on this chart presents a falling wedge pattern ๐ป on GALA/USDT, often signaling a bullish reversal ๐. After a prolonged downtrend ๐จ, the price is compressing within the wedge, with the "Support Zone" ๐ฆ providing a strong foundation. Bullish divergence โก between the RSI and price action suggests growing upward momentum ๐. The red arrows ๐ด highlight resistance points, while green arrows ๐ข indicate support bounces. Patience โณ is essential, as this trade setup may take time ๐ฐ๏ธ to play out. This is my personal prediction ๐ฎ, and proper confirmation ๐ is needed before entering any positions.
![](https://public.bnbstatic.com/static/content/square/images/346fffefd6c7401eacb85df1c22dbb1a.png)
๐ Here this chart shows Bitcoin dominance in an Ascending Channel ๐ (blue), suggesting a gradual upward trend. However, a Bearish Divergence โ ๏ธ on the RSI ๐ indicates weakening momentum, warning of a potential downside breakout ๐ฝ. The dominance has respected the channel boundaries ๐ต but is now heading towards a potential breakdown ๐จ. Traders ๐งโ๐ป should watch for confirmation of a trend reversal ๐, as a bearish move could signal a shift in market dynamics ๐. Bears ๐ป are eyeing the pattern for short opportunities, while bulls ๐ may step in near key support levels.
![](https://public.bnbstatic.com/static/content/square/images/2bea4b601b164023a726c3f828026413.png)
๐๐บ Symmetrical triangle pattern! ๐ข Bullish breakout ๐ expected ๐. Price consolidates โ๏ธ, forming lower highs ๐ and higher lows ๐. The breakout ๐ occurred upwards ๐, targeting resistance ๐ฏ in the gray zone ๐ณ. This indicates a positive market trend ๐ and growth potential ๐ฑ. Symmetrical triangles often signal continuation ๐ in trends when broken ๐ upward, as seen here.
![](https://public.bnbstatic.com/static/content/square/images/84a9e7e5275c4a8ebc6b83832b122fc7.png)
Entry Price: 0.33 or Market Price
Targets๐ฅ:
$0.04059 (1st TP ๐ฅ)
$0.05068 (2nd TP ๐ฅ)
$0.05981 (3rd TP ๐ฅ)
๐ Special Note:
โ ๏ธ Use only 1% of your portfolio ๐ผ to manage risks effectively. Avoid high leverage ๐ซ and proceed cautiously to mitigate potential losses ๐. Always prioritize risk management โ
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$GALA
![](https://bin.bnbstatic.com/image/admin_mgs_image_upload/20220126/93b2779f-b858-49ce-a28c-fa3b9a4b02d1.png)
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