The pair Gala/Tether (GALA/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance line at 0.00787 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.00759 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘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 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 | 0.007690000 |
| Next Low | 0.00759 |
| 2nd Low | 0.00728 |
| 3rd Low | 0.007 |
0.00787 – 0.00766 – 0.00759 – 0.00759 – 0.00728 – 0.00734 — 47.672119595235 – 52.057104086378 — 40.06295607383 – 40.673439214003 – 48.019904294049 – 40.074879572662
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –