GALA/USDT – 30M – BUYThe currency pair Gala/Tether (GALA/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 0.017870000 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 0.016540000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018750000 |
| 2nd High | 0.018510000 |
| Next High | 0.017870000 |
| Current Price | 0.017100000 |
| Next Low | 0.016540000 |
| 2nd Low | 0.016390000 |
| 3rd Low | 0.016320000 |
0.017010000 – 0.017870000 – 0.017720000 – 0.016540000 – 0.016390000 – 0.016320000 — 59.795195262979 – 60.815184605741
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –