GALA/USDT – 4H – BUYThe pair Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at 0.014470000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at is also possible.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
Next a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.017950000 |
| 2nd High | 0.015790000 |
| Next High | 0.014470000 |
| Current Price | 0.014020000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.014470000 – 0.015790000 – 0.017950000 – 0.013120000 – 0.011780000 – 0.014590000
Trading Signals: FOREX – GALA – GALA/USDT – USDT – Northern Doji –