The combination Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.016450000 is certain.
Caution: A possible counter-trend in the direction of support at 0.015830000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.016910000 |
| 2nd High | 0.016700000 |
| Next High | 0.016450000 |
| Current Price | 0.016160000 |
| Next Low | 0.015830000 |
| 2nd Low | 0.015440000 |
| 3rd Low | 0.015100000 |
0.016450000 – 0.016380000 – 0.016390000 – 0.015830000 – 0.015440000 – 0.015670000 — 55.772909517684 – 56.405909819731
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –