GALA/USDT – 1H – BUYThe pair Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance line at 0.018220000 is likely expected.
Caution: A possible change in the direction of the support level at 0.016650000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. 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 | 0.018790000 |
| 2nd High | 0.018750000 |
| Next High | 0.018220000 |
| Current Price | 0.018290000 |
| Next Low | 0.016650000 |
| 2nd Low | 0.016390000 |
| 3rd Low | 0.016320000 |
0.018220000 – 0.017180000 – 0.017870000 – 0.016650000 – 0.016390000 – 0.016320000 — 70.446633981661 – 72.254033552303
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom retreat down – –