GALA/USDT – 30M – BUYThe combination Gala/Tether (GALA/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.00745 will continue.
Caution: A possible change in the direction of support at 0.00688 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Tweezers Bottom’ candlestick pattern is existing. The chart shows ‘Tweezers Bottom’. 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 chance of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00762 |
| 2nd High | 0.00748 |
| Next High | 0.00745 |
| Current Price | 0.007390000 |
| Next Low | 0.00688 |
| 2nd Low | 0.00681 |
| 3rd Low | 0.00664 |
0.00745 – 0.00731 – 0.00729 – 0.00688 – 0.00681 – 0.00714 — 60.051247604634 – 62.56618555361 — 41.317080892829 – 47.878739908184 – 39.64786378907 – 44.96508539567
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Tweezers Bottom – Rising Wedge Chart Pattern – –