GALA/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 0.003755 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00362 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bullish Belt Hold’ candle chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00373 |
| 2nd High | 0.00371 |
| Next High | 0.00362 |
| Current Price | 0.003580000 |
| Next Low | 0.00339 |
| 2nd Low | 0.00336 |
| 3rd Low | 0.00259 |
0.00362 – 0.00371 – 0.00373 – 0.00339 – 0.00343 – 0.0034 —
0.003530000 – 0.003620000 —
51.877093498456 – 53.852033554567 —
– —
0.00362 – 1772553600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Belt Hold – – –