The currency pair Gala/Tether (GALA/USDT) moves from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.0078 is likely expected.
Caution: A possible change in the direction of the support line at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Bullish Engulfing’ candle pattern is found. The candles form ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00788 |
| 2nd High | 0.00782 |
| Next High | 0.0078 |
| Current Price | 0.007530000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.0078 – 0.00782 – 0.00788 – 0.00744 – 0.00741 – 0.00664 — 39.529630267084 – 41.789207652659 — 38.262380440853 – 41.799910779273 – 32.731757410006 – 38.157908477841
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Engulfing – – –