The pair Gala/Tether (GALA/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.018370000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.016460000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Besides a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. 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 | 0.020200000 |
| 2nd High | 0.018720000 |
| Next High | 0.018370000 |
| Current Price | 0.018630000 |
| Next Low | 0.016460000 |
| 2nd Low | 0.016390000 |
| 3rd Low | 0.015680000 |
0.018240000 – 0.017110000 – 0.017610000 – 0.016460000 – 0.016550000 – 0.016810000 — 70.434891604442 – 71.791472064039
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Triple bottom chart pattern – –