The pair Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 0.00277 is considered certain.
Caution: A possible change in the direction of support at 0.00252 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.
Furthermore a ‘Three Inside Up’ candle chart pattern is found. The chart forms ‘Three Inside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Up’ heading up is 65% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00282 |
| 2nd High | 0.00281 |
| Next High | 0.00277 |
| Current Price | 0.002327000 |
| Next Low | 0.00252 |
| 2nd Low | 0.00247 |
| 3rd Low | 0.00243 |
0.00277 – 0.00281 – 0.00282 – 0.00252 – 0.00256 – 0.00247 —
0.002390000 – 0.002323000 —
32.970715648861 – 32.893419602432 —
– —
0.00277 – 1782000000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Inside Up – – –