The currency pair Gala/Tether (GALA/USDT) moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.00789 is certain.
Caution: A possible counter-trend in the direction of the support line at should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.
Besides a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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 | 0.00789 |
| Current Price | 0.007890000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00789 – 0.00787 – 0.00766 – 0.00767 – 0.00754 – 0.00759 — 61.332116275846 – 66.923977616012 — 66.666666666667 – 100 – 33.333333333333 – 66.666666666667
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –