The combination Gala/Tether (GALA/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance at 0.018720000 is expected.
Caution: A possible trend reversal in the direction of support at 0.017800000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Besides a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.020700000 |
| 2nd High | 0.020200000 |
| Next High | 0.018720000 |
| Current Price | 0.018570000 |
| Next Low | 0.017800000 |
| 2nd Low | 0.016460000 |
| 3rd Low | 0.016390000 |
0.018240000 – 0.017110000 – 0.017610000 – 0.017800000 – 0.016460000 – 0.016550000 — 58.566756315576 – 59.523733548606
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Triple bottom chart pattern – –