The currency pair Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance level at 0.00761 is considered certain.
Caution: A possible change in the direction of support at could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.
Moreover a ‘%K crosses above %D’ indicator signal is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
Moreover a ‘Bullish Belt Hold’ candle chart pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00831 |
| 2nd High | 0.00779 |
| Next High | 0.00761 |
| Current Price | 0.007530000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00761 – 0.00757 – 0.00751 – 0.007430000 – 0.00728 – 0.00729 — 50.364912769908 – 54.482934445842 — 36.852041641944 – 42.746332203485 – 42.889763921103 – 41.420325668778
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Belt Hold – – –