The combination Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 0.018370000 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.016460000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘RSI cross above 70’ indicator signal is discovered. The indicator shows ‘RSI cross above 70’. which could be a positive chart scenario. The pair is likely to go up.
And also a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator shows ‘StochRSI cross above 20’. which could be a positive chart scenario. The pair is likely to go up.
And also a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.020200000 |
| 2nd High | 0.018720000 |
| Next High | 0.018370000 |
| Current Price | 0.018200000 |
| Next Low | 0.016460000 |
| 2nd Low | 0.014820000 |
| 3rd Low | 0.014810000 |
0.018370000 – 0.018280000 – 0.015590000 – 0.016460000 – 0.016550000 – 0.017110000 — 66.440235844505 – 66.998285638626
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Triple bottom chart pattern – –