The pair Gala/Tether (GALA/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.00244 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.00229 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Furthermore a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00277 |
| 2nd High | 0.00268 |
| Next High | 0.00244 |
| Current Price | 0.002438000 |
| Next Low | 0.00229 |
| 2nd Low | 0.00219 |
| 3rd Low |
0.0024 – 0.00238 – 0.00232 – 0.00229 – 0.00219 – 0.00221 —
0.002335000 – 0.002418000 —
52.926129325538 – 66.019029353621 —
– —
0.0024 – 1782993600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –