GALA/USDT – 30M – BUYThe combination Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance at 0.015590000 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.015010000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency 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 | 0.016680000 |
| 2nd High | 0.015690000 |
| Next High | 0.015590000 |
| Current Price | 0.015540000 |
| Next Low | 0.015010000 |
| 2nd Low | 0.014820000 |
| 3rd Low | 0.014810000 |
0.015590000 – 0.015590000 – 0.015350000 – 0.015010000 – 0.014820000 – 0.014820000 — 58.683670491245 – 59.364870946501
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –