The combination Gala/Tether (GALA/USDT) goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.00955 is certain.
Caution: A possible change in the direction of support at 0.00827 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.01167 |
| 2nd High | 0.01089 |
| Next High | 0.00955 |
| Current Price | 0.008500000 |
| Next Low | 0.00827 |
| 2nd Low | 0.00791 |
| 3rd Low | 0.00259 |
0.00955 – 0.01089 – 0.0107 – 0.00827 – 0.00872 – 0.00791 — 42.113164565615 – 45.174206675597 — 44.253117484185 – 74.019280907051 – 23.95498254937 – 46.287650653139
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –