The pair Gala/Tether (GALA/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 0.00829 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.00891 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. which could be a negative chart signal. The pair is likely to go down.
In addition a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.
In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The 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 | 0.00955 |
| 2nd High | 0.00902 |
| Next High | 0.00891 |
| Current Price | 0.008010000 |
| Next Low | 0.00829 |
| 2nd Low | 0.00827 |
| 3rd Low | 0.00791 |
0.00891 – 0.00876 – 0.00902 – 0.00829 – 0.00827 – 0.00828 — 30.614953830233 – 28.582166042976 — 11.796908830377 – 3.53267444674 – 10.801092896826 – 8.544256069056
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –