The combination Gala/Tether (GALA/USDT) moves from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 0.016980000 will persist.
Caution: A possible change in the direction of the support level at 0.016290000 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.01668176 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.016980000 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. 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 | 0.019150000 |
| 2nd High | 0.017950000 |
| Next High | 0.016980000 |
| Current Price | 0.016430000 |
| Next Low | 0.016290000 |
| 2nd Low | 0.015960000 |
| 3rd Low | 0.015680000 |
0.016980000 – 0.017950000 – 0.017690000 – 0.016290000 – 0.016350000 – 0.017400000 — 43.395355515235 – 44.171801824936
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –