The currency pair Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance at 0.00212 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.00197 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI %K crosses above 0.2’ indicator layout is detected. The indicator is ‘StochRSI %K crosses above 0.2’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 0.00208 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.00212 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00224 |
| 2nd High | 0.00219 |
| Next High | 0.00212 |
| Current Price | 0.002033000 |
| Next Low | 0.00197 |
| 2nd Low | |
| 3rd Low |
0.00212 – 0.00205 – 0.00206 – 0.00197 – 0.00198 – 0.002 —
0.002106000 – 0.002041000 —
67.824267360737 – 42.037465935045 —
– —
0.00212 – 1784239200