


What we have in this point "We are at a strong support area on the higher timeframes, with a demand zone. A Butterfly harmonic pattern has appeared, and a breakout from the descending channel occurred. This situation calls for making a decision now and then patiently waiting for the targets to be achieved."
Breakout Above Can signal a trend reversal to the upside. I'm in
On the weekly chart, GALA shows signs that may indicate: • Formation of a price base: The price is moving within a narrow range after a prolonged downtrend, suggesting a possible end to the distribution phase. • Increase in trading volume: Recent price rises have been accompanied by increased volume, supporting the idea of accumulation. • Resistance breakout...
1. Bullish Scenario (Breakout to the Upside): • If the price closes daily above 5.60 or 5.80 with strong momentum, it would confirm a breakout from the descending channel. • The next potential target could be in the range of 6.20 – 6.50. 2. Bearish Scenario (Rejection from the Upper Channel): • If the price fails to break above 5.60 and gets rejected from the...
above 24$ we heading up channel with target more than 70%
In Phase D of the Wyckoff Accumulation pattern, the key sign is strong price rallies aiming for the top of the channel. To confirm that we’ve entered this phase, we need two main things: 1. A monthly close above the last resistance (now support) 2. Low volume during pullbacks — this shows that sellers are weak If the price breaks below the last swing low, the...
my idea on the Daily and 4H Timeframes On the daily timeframe (left), we observe a breakout above a previous high-volume candle. From a classical technical analysis or price action perspective, this could be seen as a false breakout. However, in volume analysis, this is interpreted as a liquidity grab, potentially signaling the beginning of a strong move. On...
we need a daily close above 0.13 to achieve the target shown on the chart