GALA/USDT – 1H – BUYThe currency pair Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 0.017550000 will continue.
Caution: A possible change in the direction of the support level at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.
In addition a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.020200000 |
| 2nd High | 0.019150000 |
| Next High | 0.017550000 |
| Current Price | 0.017430000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.017550000 – 0.017270000 – 0.019150000 – 0.015960000 – 0.016330000 – 0.017800000 — 57.578168745624 – 62.637615996504
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –