The currency pair Gala/Tether (GALA/USDT) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 0.00955 is likely expected.
Caution: A possible change in the direction of the support line at 0.00827 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.01167 |
| 2nd High | 0.01089 |
| Next High | 0.00955 |
| Current Price | 0.008400000 |
| Next Low | 0.00827 |
| 2nd Low | 0.00791 |
| 3rd Low | 0.00259 |
0.00955 – 0.01089 – 0.0107 – 0.00827 – 0.00872 – 0.00791 — 40.71323799998 – 42.249700457554 — 20.682804200624 – 44.449174877347 – 16.233181936204 – 24.105011285278
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –