GALA/USDT – 4H – BUYThe pair Gala/Tether (GALA/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance level at 0.019150000 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.015960000 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.021910000 |
| 2nd High | 0.020970000 |
| Next High | 0.019150000 |
| Current Price | 0.017630000 |
| Next Low | 0.015960000 |
| 2nd Low | 0.014810000 |
| 3rd Low | 0.013610000 |
0.019150000 – 0.018370000 – 0.018720000 – 0.015960000 – 0.016460000 – 0.014810000 — 55.83058634588 – 56.554551338355
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –