GALA/USDT – 30M – BUYThe combination Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 0.00779 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.00729 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00874 |
| 2nd High | 0.00831 |
| Next High | 0.00779 |
| Current Price | 0.007480000 |
| Next Low | 0.00729 |
| 2nd Low | 0.007 |
| 3rd Low | 0.00259 |
0.00779 – 0.00831 – 0.00874 – 0.00729 – 0.007 – 0.00784 — 42.07605735334 – 50.892270654437 — 50.301263362488 – 57.877551020408 – 39.35860058309 – 48.798185941043
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –