GALA/USDT – 30M – BUYIn addition a ‘Double top retreat up’ chart layout is discovered. The chart picture forms ‘Double top retreat up’. which is a bullish signal. The pair is likely to go up.
The pair Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance level at 0.016730000 will persist.
Caution: A possible change in the direction of the support level at 0.015680000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.017950000 |
| 2nd High | 0.016980000 |
| Next High | 0.016730000 |
| Current Price | 0.016140000 |
| Next Low | 0.015680000 |
| 2nd Low | 0.015360000 |
| 3rd Low | 0.015010000 |
0.016730000 – 0.016980000 – 0.017950000 – 0.016080000 – 0.016290000 – 0.016350000 — 48.796875802941 – 54.316474155763
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Belt Hold – Double top retreat up – –