GALA/USDT – 1H – BUYThe pair Gala/Tether (GALA/USDT) moves from the bearish trendline up.
An ascent up to the next resistance level at 0.00659 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.00572 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘ ‘ indicator layout is discovered. The indicator is ‘ ‘. which is often a bullish signal. The pair is likely to go up.
Then a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.
Then a ‘Bullish Belt Hold’ candlestick pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00685 |
| 2nd High | 0.00665 |
| Next High | 0.00659 |
| Current Price | 0.006040000 |
| Next Low | 0.00572 |
| 2nd Low | 0.00259 |
| 3rd Low |
0.00659 – 0.00665 – 0.00685 – 0.00601 – 0.00625 – 0.00627 —
0.006040000 – 0.005990000 —
34.381215446883 – 32.725706571232 —
– —
0.00659 – 1769187600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Belt Hold – Double top retreat up – –