The pair Gala/Tether (GALA/USDT) goes from the descending trendline down.
A continuation of the downtrend down to the next support level at 0.017260000 will persist.
Caution: A possible change in the direction of resistance at 0.018650000 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018940000 |
| 2nd High | 0.018790000 |
| Next High | 0.018650000 |
| Current Price | 0.017720000 |
| Next Low | 0.017260000 |
| 2nd Low | 0.015600000 |
| 3rd Low | 0.015360000 |
0.018650000 – 0.018790000 – 0.018940000 – 0.017260000 – 0.018220000 – 0.017980000 — 52.156536480008 – 44.119108515394
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –