The currency pair Gala/Tether (GALA/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 0.00223 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.00201 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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 | 0.00232 |
| 2nd High | 0.00224 |
| Next High | 0.00223 |
| Current Price | 0.002141000 |
| Next Low | 0.00201 |
| 2nd Low | 0.00197 |
| 3rd Low |
0.00223 – 0.00212 – 0.00205 – 0.00201 – 0.00197 – 0.00198 —
0.002114000 – 0.002134000 —
50.976681033615 – 55.094313750365 —
– —
0.00223 – 1784314800
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –