Furthermore a ‘Falling Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Falling Wedge Chart Pattern’. which is a positive chart scenario. The currency pair is likely to rise.
The currency pair Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 0.015790000 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.014560000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.017950000 |
2nd High | 0.017930000 |
Next High | 0.015790000 |
Current Price | 0.014790000 |
Next Low | 0.014560000 |
2nd Low | 0.014340000 |
3rd Low | 0.014110000 |
0.015790000 – 0.015200000 – 0.015290000 – 0.014560000 – 0.014570000 – 0.014860000