Buy GALA/USDT – 30M – BUY

The currency pair Gala/Tether (GALA/USDT) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance level at 0.00483 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.00434 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 0.0046344 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.00483 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Up’ chart pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00549
2nd High 0.00494
Next High 0.00483
Current Price 0.004740000
Next Low 0.00434
2nd Low 0.00259
3rd Low

0.00483 – 0.00494 – 0.00486 – 0.00471 – 0.0047 – 0.00454 —
0.004820000 – 0.004560000 —
48.35596796772 – 23.564413513895 —
– —
0.00483 – 1770093000

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