GALA/USDT – 1H – BUY

The pair Gala/Tether (GALA/USDT) breaks through the bearish trendline up.

A bullish movement up to the next resistance line at 0.00224 is certain.

Caution: A possible counter-trend in the direction of the support line at 0.00201 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.00219 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.00224 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.00236
2nd High 0.00232
Next High 0.00224
Current Price 0.002217000
Next Low 0.00201
2nd Low 0.00197
3rd Low

0.00212 – 0.00205 – 0.00206 – 0.00201 – 0.00197 – 0.00198 —
0.002047000 – 0.002085000 —
45.462796405567 – 65.368817764082 —
– —
0.00212 – 1784239200

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