The pair Gala/Tether (GALA/USDT) goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.00761 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.007200000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
In addition a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0079 |
| 2nd High | 0.00768 |
| Next High | 0.00761 |
| Current Price | 0.007320000 |
| Next Low | 0.007200000 |
| 2nd Low | 0.00624 |
| 3rd Low |
0.00761 – 0.00768 – 0.0079 – 0.007200000 – 0.00734 – 0.00722 — 39.646170676409 – 45.275596636517 — 65.396006005841 – 66.972576585959 – 76.973697493501 – 70.125354174611
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Belt Hold – Triple bottom chart pattern – –