GALA/USDT – 1H – BUYThe pair Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 0.018370000 will persist.
Caution: A possible counter-trend in the direction of support at 0.016460000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a positive signal. 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 | 0.020200000 |
| 2nd High | 0.018720000 |
| Next High | 0.018370000 |
| Current Price | 0.018570000 |
| Next Low | 0.016460000 |
| 2nd Low | 0.014820000 |
| 3rd Low | 0.014810000 |
0.018370000 – 0.018280000 – 0.015590000 – 0.016460000 – 0.016550000 – 0.017110000 — 65.798585385334 – 69.535751806942
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Triple bottom chart pattern – –