GALA/USDT – 1H – BUYThe combination Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 0.00322 is expected.
Caution: A possible trend reversal in the direction of support at 0.00309 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00321808 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.00322 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00327 |
| 2nd High | 0.00323 |
| Next High | 0.00322 |
| Current Price | 0.003200000 |
| Next Low | 0.00309 |
| 2nd Low | 0.00305 |
| 3rd Low | 0.0029 |
0.00322 – 0.00323 – 0.00327 – 0.00309 – 0.00305 – 0.00309 —
0.003180000 – 0.003180000 —
54.850309987703 – 51.366137196273 —
– —
0.00322 – 1777870800