The currency pair Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 0.00234 will continue.
Caution: A possible trend reversal in the direction of the support level at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
Additionally a ‘Three Outside Up’ candle chart pattern is detected. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. 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 | 0.00268 |
| 2nd High | 0.00244 |
| Next High | 0.00234 |
| Current Price | 0.002316000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00234 – 0.00244 – 0.00239 – 0.0022 – 0.00222 – 0.00237 —
0.002277000 – 0.002312000 —
39.925586813181 – 51.065540959884 —
– —
0.00234 – 1782459000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Up – – –