GALAUSDT 1H trend chart - GALA broke out the downtrend line on 1H, and retested it before. It's kind of support transformation from resistance. Also, there is a potential double bottom formation, so we can take entry here with trading strategy as below. - Profit Targets: a) 0.21050----Fib(1) b) 0.21925~0.22279----Fib(1.272~1.382) c) 0.23037----Fib(2)
Stop losses: a) 0.17948----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see!
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