The pair Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 0.017550000 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.015960000 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. The 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 | 0.020200000 |
| 2nd High | 0.019150000 |
| Next High | 0.017550000 |
| Current Price | 0.017290000 |
| Next Low | 0.015960000 |
| 2nd Low | 0.015680000 |
| 3rd Low | 0.015360000 |
0.017550000 – 0.016820000 – 0.017270000 – 0.015960000 – 0.016330000 – 0.018310000 — 55.327333083465 – 56.405373316488
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –