GALA/USDT – 30M – BUYThe combination Gala/Tether (GALA/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.00745 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.00688 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Tweezers Bottom’ candlestick chart pattern is detected. The chart shows ‘Tweezers Bottom’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ heading 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 — 54.562781757021 – 58.008756770933 — 45.613764766307 – 48.101173345423 – 37.495291902072 – 45.056722793507
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Tweezers Bottom – – –