The combination Gala/Tether (GALA/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.018020000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.017340000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018740000 |
| 2nd High | 0.018320000 |
| Next High | 0.018020000 |
| Current Price | 0.018000000 |
| Next Low | 0.017340000 |
| 2nd Low | 0.016890000 |
| 3rd Low | 0.016740000 |
0.018020000 – 0.017630000 – 0.017490000 – 0.017340000 – 0.016890000 – 0.016890000 — 64.481943834949 – 67.829386520645
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –