The pair Gala/Tether (GALA/USDT) goes from the descending trendline up.
A bullish movement up to the next resistance at 0.00659 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.00619 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bearish SBS White Lines’ chart pattern is discovered. The candles form ‘Bearish SBS White Lines’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00685 |
| 2nd High | 0.00665 |
| Next High | 0.00659 |
| Current Price | 0.006220000 |
| Next Low | 0.00619 |
| 2nd Low | 0.00572 |
| 3rd Low | 0.00259 |
0.00659 – 0.00665 – 0.00685 – 0.00625 – 0.00627 – 0.00619 —
0.006380000 – 0.006240000 —
48.834087567629 – 36.223004954205 —
– —
0.00659 – 1769187600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bearish SBS White Lines – – –