GALA/USDT – 1H – BUYThe pair Gala/Tether (GALA/USDT) moves from the descending trendline upwards
A bullish ascent up to the next resistance level at 0.014660000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.012070000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. 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 | 0.017930000 |
| 2nd High | 0.015790000 |
| Next High | 0.014660000 |
| Current Price | 0.013060000 |
| 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