GALA/USDT – 1H – BUYThe combination Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 0.00244 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.0022 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Outside Up’ candle chart pattern is detected. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00277 |
| 2nd High | 0.00268 |
| Next High | 0.00244 |
| Current Price | 0.002334000 |
| Next Low | 0.0022 |
| 2nd Low | |
| 3rd Low |
0.00244 – 0.00268 – 0.00277 – 0.0022 – 0.00222 – 0.00256 —
0.002335000 – 0.002318000 —
48.59659643145 – 47.033799233189 —
– —
0.00244 – 1782363600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Up – – –