GALA/USDT – 30M – BUYAlso there is a ‘Double top retreat up’ chart layout is detected. The chart picture forms ‘Double top retreat up’. which is a positive pattern signal. The pair is likely to go up.
The currency pair Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 0.016730000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.015680000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart shows ‘Bullish Belt Hold’. 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 probability 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 – –