ANALYSIS 🔎
- GALA/BUSD is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.14766).
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels 1.0 (@0.21491).
- Fibonacci extension level 1.272 (@0.24345).
- Fibonacci extension level 1.414 (@0.25834).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support and previous swing low's horizontal support level (@1.11000).
- GALA/BUSD is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.14766).
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels 1.0 (@0.21491).
- Fibonacci extension level 1.272 (@0.24345).
- Fibonacci extension level 1.414 (@0.25834).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support and previous swing low's horizontal support level (@1.11000).