GALA/USDT – 30M – BUYThe pair Gala/Tether (GALA/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 0.00788 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.00776 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. which could be a positive chart signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a bullish 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 | 0.00831 |
| 2nd High | 0.00791 |
| Next High | 0.00788 |
| Current Price | 0.007990000 |
| Next Low | 0.00776 |
| 2nd Low | 0.0076 |
| 3rd Low | 0.00754 |
0.00788 – 0.00791 – 0.00789 – 0.00776 – 0.0076 – 0.00767 — 67.882436676205 – 71.511429270129 — 100 – 100 – 99.531430895835 – 100
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double top retreat up – –