The pair Gala/Tether (GALA/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 0.017120000 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.016390000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘RSI cross above 70’ indicator layout is existing. The indicator shows ‘RSI cross above 70’. which could be a positive signal. The currency pair could go up.
Besides a ‘StochRSI cross above 20’ indicator layout is existing. The indicator shows ‘StochRSI cross above 20’. which could be a positive signal. The currency pair could go up.
Besides a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018720000 |
| 2nd High | 0.017640000 |
| Next High | 0.017120000 |
| Current Price | 0.017510000 |
| Next Low | 0.016390000 |
| 2nd Low | 0.015680000 |
| 3rd Low | 0.015360000 |
0.017120000 – 0.016830000 – 0.016780000 – 0.016390000 – 0.015680000 – 0.015360000 — 57.11539633254 – 75.600614871882
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –