The currency pair Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance line at 0.00397 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.00372 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bullish Separating Lines’ candlestick chart pattern is existing. The chart forms ‘Bullish Separating Lines’. 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 probability of ‘Bullish Separating Lines’ heading up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0041 |
| 2nd High | 0.00407 |
| Next High | 0.00397 |
| Current Price | 0.003970000 |
| Next Low | 0.00372 |
| 2nd Low | 0.0034 |
| 3rd Low | 0.00259 |
0.00397 – 0.00392 – 0.00407 – 0.00372 – 0.00372 – 0.00385 —
0.003930000 – 0.003960000 —
52.074677493849 – 63.564119192514 —
– —
0.00397 – 1771612200
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Separating Lines – – –