The currency pair Gala/Tether (GALA/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 0.00639 is likely expected.
Caution: A possible change in the direction of the support zone at 0.00627 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Furthermore a ‘Inverted Hammer’ candlestick pattern is found. The chart shows ‘Inverted Hammer’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Inverted Hammer’ going up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00665 |
| 2nd High | 0.00659 |
| Next High | 0.00639 |
| Current Price | 0.006310000 |
| Next Low | 0.00627 |
| 2nd Low | 0.00625 |
| 3rd Low | 0.00619 |
0.00639 – 0.00659 – 0.00665 – 0.00627 – 0.00625 – 0.00627 —
0.006340000 – 0.006340000 —
46.709170548502 – 40.058896639145 —
– —
0.00639 – 1769243400
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Inverted Hammer – – –