The currency pair Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 0.016390000 is considered certain.
Caution: A possible change in the direction of the support line at should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candle 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 | 0.016910000 |
| 2nd High | 0.016700000 |
| Next High | 0.016390000 |
| Current Price | 0.016390000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.016390000 – 0.016270000 – 0.016700000 – 0.015440000 – 0.015880000 – 0.015440000 — 63.57913953765 – 72.095507060103
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –