The currency pair Gala/Tether (GALA/USDT) moves from the bearish trendline up.
An ascending movement upwards to the next resistance at 0.00604 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.00259 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.
There is also a ‘Three Outside Up’ candle chart pattern is existing. The chart shows ‘Three Outside Up’. 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 ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00659 |
| 2nd High | 0.00617 |
| Next High | 0.00604 |
| Current Price | 0.004860000 |
| Next Low | 0.00259 |
| 2nd Low | |
| 3rd Low |
0.00604 – 0.00617 – 0.00659 – 0.00526 – 0.00523 – 0.00537 —
0.005010000 – 0.004750000 —
12.09929284113 – 24.672171051186 —
– —
0.00604 – 1769641200
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Up – – –