The combination Gala/Tether (GALA/USDT) goes from the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 0.00784 is likely expected.
Caution: A possible change in the direction of support at 0.00759 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Bullish Belt Hold’ chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish chart scenario. The 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 | 0.00811 |
| 2nd High | 0.00795 |
| Next High | 0.00784 |
| Current Price | 0.007670000 |
| Next Low | 0.00759 |
| 2nd Low | 0.00754 |
| 3rd Low | 0.00728 |
0.00784 – 0.00795 – 0.00811 – 0.00759 – 0.00776 – 0.00778 — 34.162683058702 – 48.315552535007 — 40.713447241424 – 35.046207327609 – 71.586742605394 – 49.935478381264
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Belt Hold – – –