GALA/USDT – 1H – BUYThe currency pair Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 0.00224 will persist.
Caution: A possible counter-trend in the direction of support at 0.00204 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Advance Block’ candle pattern is found. The candles form ‘Advance Block’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Advance Block’ going down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00236 |
| 2nd High | 0.00232 |
| Next High | 0.00224 |
| Current Price | 0.002120000 |
| Next Low | 0.00204 |
| 2nd Low | |
| 3rd Low |
0.00224 – 0.00232 – 0.00236 – 0.00204 – 0.00219 – 0.00219 —
0.002097000 – 0.002113000 —
32.832353845388 – 50.435037861244 —
– —
0.00224 – 1783465200
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Advance Block – – –