The currency pair Gala/Tether (GALA/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.00407 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.00382 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bullish Separating Lines’ candlestick chart pattern is detected. The chart shows ‘Bullish Separating Lines’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00418 |
| 2nd High | 0.00415 |
| Next High | 0.00407 |
| Current Price | 0.003920000 |
| Next Low | 0.00382 |
| 2nd Low | 0.0034 |
| 3rd Low | 0.00259 |
0.00407 – 0.00415 – 0.00418 – 0.00382 – 0.00396 – 0.00397 —
0.003900000 – 0.003950000 —
38.25258705153 – 47.939004324918 —
– —
0.00407 – 1770818400
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Separating Lines – Double top retreat up – –