The pair Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 0.017720000 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.017150000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018750000 |
| 2nd High | 0.018510000 |
| Next High | 0.017720000 |
| Current Price | 0.017690000 |
| Next Low | 0.017150000 |
| 2nd Low | 0.016890000 |
| 3rd Low | 0.016740000 |
0.017720000 – 0.018510000 – 0.018750000 – 0.017150000 – 0.017880000 – 0.017910000 — 55.215644064465 – 55.661378069182
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –