GALA/USDT – 1H – BUYThe combination Gala/Tether (GALA/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.00354 is expected.
Caution: A possible change in the direction of the support line at 0.00329 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Latter Bottom’ candle chart pattern is detected. The chart shows ‘Latter Bottom’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00375 |
| 2nd High | 0.00366 |
| Next High | 0.00354 |
| Current Price | 0.003380000 |
| Next Low | 0.00329 |
| 2nd Low | 0.00328 |
| 3rd Low | 0.00318 |
0.00354 – 0.00351 – 0.00348 – 0.00329 – 0.00328 – 0.00334 —
0.003370000 – 0.003370000 —
44.422846377735 – 47.337819917735 —
– —
0.00354 – 1773234000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Latter Bottom – – –