The combination Gala/Tether (GALA/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 0.00787 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.00759 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00874 |
| 2nd High | 0.00831 |
| Next High | 0.00787 |
| Current Price | 0.007810000 |
| Next Low | 0.00759 |
| 2nd Low | 0.00728 |
| 3rd Low | 0.007 |
0.00787 – 0.00766 – 0.00759 – 0.00759 – 0.00728 – 0.00734 — 62.450817026215 – 63.270696902394 — 100 – 100 – 85.109987041981 – 96.174261939332
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom retreat down – –