Buy GALA/USDT – 4H – BUY

The currency pair Gala/Tether (GALA/USDT) breaks through the descending trendline upwards

A bullish trend up to the next resistance line at 0.00415 will persist.

Caution: A possible trend reversal in the direction of the support line at 0.00336 could occur.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00496
2nd High 0.00421
Next High 0.00415
Current Price 0.003570000
Next Low 0.00336
2nd Low 0.00259
3rd Low

0.00415 – 0.00406 – 0.00421 – 0.00336 – 0.0034 – 0.00372 —
0.003620000 – 0.003540000 —
47.591637556125 – 47.280353744622 —
– —
0.00415 – 1772049600

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