GALA, is this a trap for traders? Look at this!
Gala is now in the big triangle. On the 30 minute timeframe we can see uncertainty and price consolidation. When to open a trade?
1. Globally, we can expect an uptrend move. Bitcoin and Ethereum are renewing their local highs and are still showing strength.
2. When the triangle breaks down, traders who opened LONGs will become fuel for a move to the key $0.25 level!
3. After a false breakdown you can try to open a long trade, but we must see large volumes! Now traders who opened short trades can become fuel for growth as the market is still BULLISH!
Friends, press the “like” button, write comments and share with your friends – it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
