The currency pair Gala/Tether (GALA/USDT) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support at 0.00728 will persist.
Caution: A possible change in the direction of the resistance level at 0.007570000 could occur.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. 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 | 0.00831 |
| 2nd High | 0.00779 |
| Next High | 0.007570000 |
| Current Price | 0.007480000 |
| Next Low | 0.00728 |
| 2nd Low | 0.007 |
| 3rd Low | 0.00259 |
0.007570000 – 0.00751 – 0.00779 – 0.00728 – 0.00729 – 0.007 — 60.079273857735 – 53.642206346509 — 90.317173800928 – 84.182000890885 – 70.633488052261 – 82.840479008783
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Triple bottom chart pattern – –