The currency pair Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance line at 0.00415 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.00336 could occur.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern signal. 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 | 0.00496 |
| 2nd High | 0.00421 |
| Next High | 0.00415 |
| Current Price | 0.003570000 |
| Next Low | 0.00336 |
| 2nd Low | 0.00259 |
| 3rd Low |
0.00415 – 0.00406 – 0.00421 – 0.00336 – 0.0034 – 0.00372 —
0.003620000 – 0.003540000 —
47.591637556125 – 47.280353744622 —
– —
0.00415 – 1772049600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –