GALA/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 0.24841,0.25313, 0.25500.
Key Support Levels: 0.24310, 0.23928, 0.23686.
The price on the higher time frame could not continue its move to the downside and faced a strong resistance which led to the formation of the double bottom pattern in a form of a higher low. A reversal occurred and a series of lower highs and lows has been posted where further movement to the upside could be seen.
GALA/USDT (Futures) Medium-Term Trend: Bullish
10-Mins Time Frame:
On the lower time frame, the buyers succeeded to break the bearish trend line to the upside after a higher low formation. A lower correction has been posted to the support level to bring back liquidity before a new bullish impulsive wave toward the target profits.
Buy Market Order @ 0.24374
Target Profit 1 @ 0.24841
Target Profit 2 @ 0.25313
Stop Loss @ 0.23905
Trade Safely 🙂