The pair Gala/Tether (GALA/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 0.016680000 is likely expected.
Caution: A possible change in the direction of the support level at 0.015410000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘RSI cross above 30’ indicator signal is discovered. The indicator shows ‘RSI cross above 30’. this is usually a bearish signal. The currency pair could go down.
In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018720000 |
| 2nd High | 0.017640000 |
| Next High | 0.016680000 |
| Current Price | 0.015910000 |
| Next Low | 0.015410000 |
| 2nd Low | 0.013790000 |
| 3rd Low | 0.013610000 |
0.016680000 – 0.016610000 – 0.017640000 – 0.015410000 – 0.015850000 – 0.016350000 — 21.354188354965 – 23.140822529584
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern –