GALA/USDT – 1H – BUYThe currency pair Gala/Tether (GALA/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 0.016390000 is certain.
Caution: A possible trend reversal in the direction of support at 0.015440000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.016910000 |
| 2nd High | 0.016700000 |
| Next High | 0.016390000 |
| Current Price | 0.015810000 |
| Next Low | 0.015440000 |
| 2nd Low | 0.015100000 |
| 3rd Low | 0.014820000 |
0.016390000 – 0.016270000 – 0.016700000 – 0.015440000 – 0.015880000 – 0.015440000 — 52.248846062934 – 52.764825427324
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –