The currency pair Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance at 0.00728 is considered certain.
Caution: A possible counter-trend in the direction of support at 0.00677 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.0079 |
| 2nd High | 0.00743 |
| Next High | 0.00728 |
| Current Price | 0.007260000 |
| Next Low | 0.00677 |
| 2nd Low | 0.00572 |
| 3rd Low | 0.00259 |
0.00726 – 0.00724 – 0.00728 – 0.00677 – 0.00687 – 0.00706 — 71.019967020944 – 71.019967020944 — 100 – 100 – 100 – 100
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –