GALA/USDT – 1H – BUYThe currency pair Gala/Tether (GALA/USDT) moves from the descending trendline up.
An ascent up to the next resistance level at 0.014660000 will persist.
Caution: A possible change in the direction of the support zone at 0.012070000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. 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 | 0.017930000 |
| 2nd High | 0.015790000 |
| Next High | 0.014660000 |
| Current Price | 0.012950000 |
| Next Low | 0.012070000 |
| 2nd Low | 0.011750000 |
| 3rd Low |
0.014660000 – 0.015790000 – 0.015290000 – 0.013600000 – 0.013900000 – 0.014560000
Trading Signals: FOREX – GALA – GALA/USDT – USDT – Northern Doji