GALA/USDT – 30M – BUYThe currency pair Gala/Tether (GALA/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.018320000 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.016590000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘Tweezers Bottom’ candle chart pattern is detected. The chart forms ‘Tweezers Bottom’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018790000 |
| 2nd High | 0.018740000 |
| Next High | 0.018320000 |
| Current Price | 0.017270000 |
| Next Low | 0.016590000 |
| 2nd Low | 0.016230000 |
| 3rd Low | 0.015740000 |
0.017180000 – 0.016910000 – 0.016940000 – 0.016590000 – 0.016230000 – 0.016490000 — 65.171742258262 – 66.716330784064
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Tweezers Bottom – Double bottom chart pattern – –