The currency pair Gala/Tether (GALA/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 0.00486 is likely expected.
Caution: A possible reversal of the trend in the direction of support at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00549 |
| 2nd High | 0.00491 |
| Next High | 0.00486 |
| Current Price | 0.004760000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00486 – 0.00491 – 0.0049 – 0.00454 – 0.00462 – 0.00434 —
0.004760000 – 0.004760000 —
46.998964126583 – 52.922241301883 —
– —
0.00486 – 1769994000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three White Soldiers – – –