The combination Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 0.00491 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.00462 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
Then a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.
Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.004915 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.00491 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00604 |
| 2nd High | 0.00549 |
| Next High | 0.00491 |
| Current Price | 0.004780000 |
| Next Low | 0.00462 |
| 2nd Low | 0.00434 |
| 3rd Low | 0.00259 |
0.00491 – 0.0049 – 0.00549 – 0.00462 – 0.00434 – 0.00512 —
0.004790000 – 0.004740000 —
42.134604402301 – 35.841147555087 —
– —
0.00491 – 1769931000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Up – – –