The pair Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance level at 0.00326 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.00318 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.003275 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.00326 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0034 |
| 2nd High | 0.00328 |
| Next High | 0.00326 |
| Current Price | 0.003250000 |
| Next Low | 0.00318 |
| 2nd Low | 0.00315 |
| 3rd Low | 0.00312 |
0.00326 – 0.00328 – 0.0034 – 0.00318 – 0.00315 – 0.00325 —
0.003250000 – 0.003210000 —
52.149119754186 – 43.447353828457 —
– —
0.00326 – 1777604400
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three White Soldiers – – –