The currency pair Gala/Tether (GALA/USDT) goes from the descending trendline upwards
A bullish ascent upwards to the next resistance line at 0.00955 is expected.
Caution: A possible change in the direction of the support level at 0.007 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going 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 | 0.007540000 |
| Next Low | 0.007 |
| 2nd Low | 0.00259 |
| 3rd Low |
0.00955 – 0.01089 – 0.0107 – 0.007 – 0.00827 – 0.00872 — 36.906391450614 – 37.403302429162 — 99.251936948971 – 99.251936948971 – 82.400478267724 – 94.554417287749
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –