The combination Gala/Tether (GALA/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 0.018790000 will continue.
Caution: A possible counter-trend in the direction of the support zone at 0.017720000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.01865 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.018790000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.018940000 |
| Next High | 0.018790000 |
| Current Price | 0.018760000 |
| Next Low | 0.017720000 |
| 2nd Low | 0.016650000 |
| 3rd Low | 0.016540000 |
0.018650000 – 0.018220000 – 0.017180000 – 0.017720000 – 0.016650000 – 0.016690000 — 68.980066073101 – 70.905809603745
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –