New Plancton's
Idea #GALAUSDT is ready
GALAUSDT has grabbed new liquidity from the 0.786 Fibonacci level, indicating a significant level of buying interest in the market.
According to Plancton's rules, this liquidity grab from the 0.786 Fibonacci level could potentially suggest a bullish trend reversal or a continuation of the existing upward momentum. Traders following Plancton's principles might consider waiting for a breakout above a key resistance level before considering a new long position.
A breakout occurs when the price successfully surpasses a significant resistance level, indicating a potential shift in market sentiment and a possible continuation of the upward trend. By waiting for this breakout confirmation, traders can increase the probability of a successful long trade.
Once a valid breakout above the resistance level is confirmed, trader...
