The combination Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 0.00815 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.00775 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 0.00815 |
| Current Price | 0.007860000 |
| Next Low | 0.00775 |
| 2nd Low | 0.0076 |
| 3rd Low | 0.00754 |
0.00815 – 0.00788 – 0.00791 – 0.00778 – 0.00775 – 0.00776 — 41.526984379334 – 46.289624415035 — 3.9678827564702 – 14.153934102484 – 1.3226275854901 – 6.0406056196515
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Inverse Head and Shoulder chart pattern – –