GALA/USDT – 1H – BUYThe combination Gala/Tether (GALA/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.018720000 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.017800000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. 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 | 0.020970000 |
| 2nd High | 0.020200000 |
| Next High | 0.018720000 |
| Current Price | 0.018640000 |
| Next Low | 0.017800000 |
| 2nd Low | 0.016460000 |
| 3rd Low | 0.014820000 |
0.018370000 – 0.018280000 – 0.015590000 – 0.017800000 – 0.016460000 – 0.016550000 — 62.736582769248 – 64.080000543465
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Triple bottom chart pattern – –