The pair Gala/Tether (GALA/USDT) goes from the bearish trendline upwards
An ascending movement upwards to the next resistance at 0.00604 will continue.
Caution: A possible change in the direction of the support zone at 0.00259 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Outside Up’ chart pattern is discovered. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00617 |
| 2nd High | 0.00608 |
| Next High | 0.00604 |
| Current Price | 0.005570000 |
| Next Low | 0.00259 |
| 2nd Low | |
| 3rd Low |
0.00604 – 0.00608 – 0.00617 – 0.00572 – 0.00587 – 0.00597 —
0.005690000 – 0.005550000 —
25.90641405211 – 21.274174239866 —
– —
0.00604 – 1769641200
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Up – – –