GALA/USDT – 30M – BUYThe pair Gala/Tether (GALA/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 0.00831 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.007 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Bullish Belt Hold’ candle pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00891 |
| 2nd High | 0.00874 |
| Next High | 0.00831 |
| Current Price | 0.007630000 |
| Next Low | 0.007 |
| 2nd Low | 0.00259 |
| 3rd Low |
0.00831 – 0.00874 – 0.00855 – 0.007 – 0.00784 – 0.00798 — 39.669254037617 – 47.861101978025 — 94.673974254786 – 97.966646162258 – 83.999182948637 – 95.989691459758
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Belt Hold – Triple top chart pattern – –