GALA/USDT – 30M – BUYThe pair Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 0.00445 will continue.
Caution: A possible trend reversal in the direction of support at 0.0034 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Three Outside Up’ chart pattern is existing. The chart forms ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00483 |
| 2nd High | 0.00476 |
| Next High | 0.00445 |
| Current Price | 0.004200000 |
| Next Low | 0.0034 |
| 2nd Low | 0.00259 |
| 3rd Low |
0.00445 – 0.00476 – 0.00483 – 0.00424 – 0.0034 – 0.00455 —
0.004210000 – 0.004180000 —
32.010215037544 – 29.067152064036 —
– —
0.00445 – 1770399000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Up – Double top retreat up – –