The combination Gala/Tether (GALA/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 0.018940000 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.015440000 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. this 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 | 0.020970000 |
| 2nd High | 0.019150000 |
| Next High | 0.018940000 |
| Current Price | 0.017920000 |
| Next Low | 0.015440000 |
| 2nd Low | 0.015100000 |
| 3rd Low | 0.014810000 |
0.017550000 – 0.016450000 – 0.016390000 – 0.015440000 – 0.015100000 – 0.015730000 — 63.008493907174 – 67.592591232589
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Triple bottom chart pattern – –