The combination Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 0.00659 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.00623 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a bullish chart scenario. 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 | 0.00682 |
| 2nd High | 0.00681 |
| Next High | 0.00659 |
| Current Price | 0.006450000 |
| Next Low | 0.00623 |
| 2nd Low | 0.00582 |
| 3rd Low | 0.00572 |
0.00659 – 0.00681 – 0.00678 – 0.00623 – 0.00632 – 0.00649 —
0.006480000 – 0.006320000 —
46.110052111363 – 39.165508955854 —
– —
0.00659 – 1768964400
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –