Buy GALA/USDT – 1H – BUY

The combination Gala/Tether (GALA/USDT) goes from the bearish trendline upwards

The bullish trend upwards to the next resistance line at 0.0041 is expected.

Caution: A possible reversal of the trend in the direction of support at 0.0034 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Inverted Hammer’ candle chart pattern is found. The candles form ‘Inverted Hammer’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ heading up is 65% (Bull Market).

Support & Resistance Price Range*
3rd High 0.00421
2nd High 0.00413
Next High 0.0041
Current Price 0.003800000
Next Low 0.0034
2nd Low 0.00259
3rd Low

0.0041 – 0.00413 – 0.00421 – 0.00385 – 0.00401 – 0.00402 —
0.003810000 – 0.003780000 —
22.834454578966 – 33.247724785794 —
– —
0.0041 – 1771401600

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