The currency pair Gala/Tether (GALA/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.00219 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.00201 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
Also there is a ‘Bullish Separating Lines’ candlestick chart pattern is detected. The chart shows ‘Bullish Separating Lines’. this is a bullish 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 ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00232 |
| 2nd High | 0.00224 |
| Next High | 0.00219 |
| Current Price | 0.002166000 |
| Next Low | 0.00201 |
| 2nd Low | 0.00197 |
| 3rd Low |
0.00212 – 0.00205 – 0.00206 – 0.00201 – 0.00197 – 0.00198 —
0.002047000 – 0.002153000 —
50.332465783245 – 78.06702160749 —
– —
0.00212 – 1784239200
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Separating Lines – – –