The combination Gala/Tether (GALA/USDT) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.00759 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.00723 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle chart pattern is found. 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00795 |
| 2nd High | 0.00788 |
| Next High | 0.00759 |
| Current Price | 0.007610000 |
| Next Low | 0.00723 |
| 2nd Low | 0.00572 |
| 3rd Low | 0.00259 |
0.00759 – 0.00636 – 0.00634 – 0.00723 – 0.00572 – 0.00594 — 65.456570807894 – 66.436539764167 — 53.615359299626 – 67.74006569202 – 50.825304835496 – 56.459263738236
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –