GALA/USDT – 1H – BUYThe currency pair Gala/Tether (GALA/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 0.00815 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.00775 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency 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 | 0.00891 |
| 2nd High | 0.00874 |
| Next High | 0.00815 |
| Current Price | 0.007880000 |
| Next Low | 0.00775 |
| 2nd Low | 0.0076 |
| 3rd Low | 0.00754 |
0.00815 – 0.00791 – 0.00789 – 0.00775 – 0.0076 – 0.00754 — 42.899664014269 – 48.065316757372 — 12.039183771059 – 14.867753623188 – 38.118851001741 – 21.633585914319
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double top retreat up – –