Buy GALA/USDT – 1H – BUY

The combination Gala/Tether (GALA/USDT) moves from the descending trendline upwards

An ascending movement upwards to the next resistance at 0.017640000 is expected.

Caution: A possible trend reversal in the direction of the support level at 0.013790000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘RSI cross above 30’ indicator signal is existing. The indicator is ‘RSI cross above 30’. which is often a bullish signal. The pair is likely to go up.

In addition a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.020200000
2nd High 0.018720000
Next High 0.017640000
Current Price 0.016100000
Next Low 0.013790000
2nd Low 0.013610000
3rd Low 0.013160000

0.017640000 – 0.018720000 – 0.018070000 – 0.016350000 – 0.016750000 – 0.017620000 — 29.880714497148 – 31.663664801781

Trading Signals:

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