GALA/USDT – 1H – BUYThe currency pair Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 0.00789 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.00754 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00891 |
| 2nd High | 0.00874 |
| Next High | 0.00789 |
| Current Price | 0.007890000 |
| Next Low | 0.00754 |
| 2nd Low | 0.00728 |
| 3rd Low | 0.007 |
0.00789 – 0.00787 – 0.00766 – 0.00754 – 0.00728 – 0.00728 — 58.10289545885 – 62.466586474319 — 25.842409122167 – 59.175742455501 – 12.973347711086 – 28.339383859223
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –