GALA/USDT – 30M – BUYThe currency pair Gala/Tether (GALA/USDT) breaks through the descending trendline up.
An ascent up to the next resistance at 0.00761 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.00743 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00831 |
| 2nd High | 0.00779 |
| Next High | 0.00761 |
| Current Price | 0.007540000 |
| Next Low | 0.00743 |
| 2nd Low | 0.00728 |
| 3rd Low | 0.007 |
0.00761 – 0.00757 – 0.00751 – 0.00743 – 0.00728 – 0.00729 — 46.454684357724 – 54.45077069013 — 3.7695732652959 – 27.692731002051 – 25.195455192125 – 19.634866169476
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –