GALA/USDT – 30M – SELLThe pair Gala/Tether (GALA/USDT) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.00827 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.00876 could occur.
Consider stop-loss settings accordingly.
There is also a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The currency pair could go down.
There is also a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00955 |
| 2nd High | 0.00902 |
| Next High | 0.00876 |
| Current Price | 0.008600000 |
| Next Low | 0.00827 |
| 2nd Low | 0.00791 |
| 3rd Low | 0.00259 |
0.00876 – 0.00902 – 0.00955 – 0.00827 – 0.00828 – 0.00893 — 54.694831015345 – 50.723438641158 — 59.947687774319 – 48.712368516503 – 54.469955835736 – 53.106006911671
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –