The combination Gala/Tether (GALA/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 0.00759 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.00624 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0078 |
| 2nd High | 0.00762 |
| Next High | 0.00759 |
| Current Price | 0.007310000 |
| Next Low | 0.00624 |
| 2nd Low | 0.00582 |
| 3rd Low | 0.00572 |
0.00759 – 0.00638 – 0.00591 – 0.00624 – 0.00582 – 0.00572 — 45.998929871522 – 48.014467423284 — 4.3722982708934 – 10.350624399616 – 3.172572988999 – 6.004864384349
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –