GALA/USDT – 1H – BUYThe pair Gala/Tether (GALA/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.00787 will persist.
Caution: A possible trend reversal in the direction of the support level at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.00891 |
| 2nd High | 0.00874 |
| Next High | 0.00787 |
| Current Price | 0.007810000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00787 – 0.00766 – 0.00761 – 0.00728 – 0.00728 – 0.00729 — 59.655589619954 – 63.003741817902 — 53.864620228257 – 85.56080283353 – 36.265635808885 – 54.808322378076
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom retreat down – –