GALA/USDT – 4H – BUYThe currency pair Gala/Tether (GALA/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.020480000 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.016380000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.023660000 |
| 2nd High | 0.021910000 |
| Next High | 0.020480000 |
| Current Price | 0.020010000 |
| Next Low | 0.016380000 |
| 2nd Low | 0.016150000 |
| 3rd Low | 0.013610000 |
0.020480000 – 0.018410000 – 0.017910000 – 0.016380000 – 0.016150000 – 0.013610000
Trading Signals: FOREX – GALA – GALA/USDT – USDT – Northern Doji – Triple bottom chart pattern