The currency pair Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 0.00354 is expected.
Caution: A possible counter-trend in the direction of support at 0.00328 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.003665 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.00354 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00415 |
| 2nd High | 0.00375 |
| Next High | 0.00354 |
| Current Price | 0.003510000 |
| Next Low | 0.00328 |
| 2nd Low | 0.00318 |
| 3rd Low | 0.00259 |
0.00354 – 0.00375 – 0.00415 – 0.00328 – 0.00318 – 0.00339 —
0.003460000 – 0.003370000 —
54.128991631717 – 45.120128713249 —
– —
0.00354 – 1773230400
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Rising Wedge Chart Pattern – –