GALA/USDT – 30M – SELLThe pair Gala/Tether (GALA/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.016130000 is expected.
Caution: A possible change in the direction of the resistance line at 0.016510000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this 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 | 0.016700000 |
| 2nd High | 0.016600000 |
| Next High | 0.016510000 |
| Current Price | 0.016270000 |
| Next Low | 0.016130000 |
| 2nd Low | 0.015420000 |
| 3rd Low | 0.014980000 |
0.016510000 – 0.016440000 – 0.016260000 – 0.016130000 – 0.015420000 – 0.014980000
Trading Signals: FOREX – GALA – GALA/USDT – USDT – Northern Doji