GALA/USDT – 30M – BUYThe combination Gala/Tether (GALA/USDT) moves from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 0.00768 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.00734 could occur.
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 considered certain. Target of the current trend is 0.00756 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.00768 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart forms ‘Bullish Belt Hold’. 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 ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00795 |
| 2nd High | 0.0079 |
| Next High | 0.00768 |
| Current Price | 0.007490000 |
| Next Low | 0.00734 |
| 2nd Low | 0.00722 |
| 3rd Low | 0.00624 |
0.00768 – 0.0079 – 0.00765 – 0.00734 – 0.00722 – 0.00744 — 42.199151974842 – 53.580718661354 — 35.323472009606 – 56.976714700313 – 31.695342579193 – 41.578982078672
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Belt Hold – – –