The currency pair Gala/Tether (GALA/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.00729 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.00714 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Tweezers Bottom’ candlestick pattern is existing. The candles form ‘Tweezers Bottom’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00748 |
| 2nd High | 0.00739 |
| Next High | 0.00729 |
| Current Price | 0.007120000 |
| Next Low | 0.00714 |
| 2nd Low | 0.00694 |
| 3rd Low | 0.00664 |
0.00729 – 0.00739 – 0.0072 – 0.00714 – 0.00694 – 0.00744 — 34.532529805296 – 41.100764393711 — 6.9331517034893 – 14.493493962227 – 5.2029382411231 – 9.0701403374342
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Tweezers Bottom – – –