The combination Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 0.01036 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 0.00966 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The pair is likely to go up.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Besides a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.01119 |
| 2nd High | 0.0107 |
| Next High | 0.01036 |
| Current Price | 0.010380000 |
| Next Low | 0.00966 |
| 2nd Low | 0.00886 |
| 3rd Low | 0.00843 |
0.01036 – 0.0103 – 0.01035 – 0.00966 – 0.00967 – 0.00979 — 60.220551391599 – 61.848210874689 — 67.602135849994 – 72.328026710086 – 69.365453868124 – 70.44128202449
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –