Downloading...
GALA / TetherUS

Wave C Correction and Potential Price Pump

531
In the 4-hour timeframe, GALA is currently within wave C of a downward trend. This particular wave serves as a corrective movement, leading the price towards the support levels at $0.02330 and $0.02210. It is worth noting that this corrective wave, labeled as a 5-point wave on the chart, has the potential to induce price fluctuations, possibly resulting in a price increase.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.