GALA/USDT – 30M – BUYThe pair Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 0.00761 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.0072 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish 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 | 0.0079 |
| 2nd High | 0.00768 |
| Next High | 0.00761 |
| Current Price | 0.007370000 |
| Next Low | 0.0072 |
| 2nd Low | 0.00624 |
| 3rd Low | 0.00582 |
0.00761 – 0.00768 – 0.0079 – 0.0072 – 0.00734 – 0.00722 — 52.579679857239 – 54.44053365859 — 89.443030817077 – 92.058241447554 – 85.587783854445 – 90.314767693903
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –