GALA/USDT – 1H – BUYThe combination Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 0.00874 will persist.
Caution: A possible change in the direction of the support level at 0.00798 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. 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 | 0.00902 |
| 2nd High | 0.00891 |
| Next High | 0.00874 |
| Current Price | 0.008230000 |
| Next Low | 0.00798 |
| 2nd Low | 0.00791 |
| 3rd Low | 0.00259 |
0.00874 – 0.00891 – 0.00876 – 0.00798 – 0.00827 – 0.00893 — 44.76035607972 – 47.897744093621 — 39.153719069629 – 40.306472870376 – 35.996794812299 – 38.589408030295
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –