The pair Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 0.00748 will persist.
Caution: A possible trend reversal in the direction of support at 0.00681 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish 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 | 0.00795 |
| 2nd High | 0.00788 |
| Next High | 0.00748 |
| Current Price | 0.007230000 |
| Next Low | 0.00681 |
| 2nd Low | 0.00657 |
| 3rd Low | 0.00259 |
0.00748 – 0.00731 – 0.00739 – 0.00681 – 0.00694 – 0.00744 — 42.255852609713 – 46.437994247112 — 1.9034852546917 – 13.217401112297 – 8.6872490704473 – 9.0666724484379
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –