The pair Gala/Tether (GALA/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 0.00739 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.00694 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00795 |
| 2nd High | 0.00788 |
| Next High | 0.00739 |
| Current Price | 0.007120000 |
| Next Low | 0.00694 |
| 2nd Low | 0.00657 |
| 3rd Low | 0.00259 |
0.00739 – 0.00788 – 0.00757 – 0.00694 – 0.00744 – 0.00741 — 40.481961291673 – 42.665795155033 — 2.3917995444191 – 9.6587609987047 – 2.0058331192674 – 4.0168535143746
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –