GALA/USDT – 30M – BUYThe currency pair Gala/Tether (GALA/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.00244 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.00229 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bullish Belt Hold’ chart pattern is detected. The candles form ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00277 |
| 2nd High | 0.00268 |
| Next High | 0.00244 |
| Current Price | 0.002481000 |
| Next Low | 0.00229 |
| 2nd Low | 0.00219 |
| 3rd Low |
0.00234 – 0.0024 – 0.00238 – 0.00229 – 0.00229 – 0.0023 —
0.002363000 – 0.002447000 —
63.082575999783 – 73.542198691101 —
– —
0.00234 – 1783038600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bullish Belt Hold – Rising Wedge Chart Pattern – –