The pair Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance at 0.00362 is expected.
Caution: A possible trend reversal in the direction of the support zone at should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 0.00363448 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.00362 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00373 |
| 2nd High | 0.00371 |
| Next High | 0.00362 |
| Current Price | 0.003570000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00362 – 0.00371 – 0.00358 – 0.00347 – 0.00339 – 0.00347 —
0.003680000 – 0.003580000 —
71.15303175098 – 46.753612827497 —
– —
0.00362 – 1772553600