GALA/USDT – 30M – BUYNext a ‘Double bottom chart pattern’ chart layout is existing. The chart shows ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
The combination Gala/Tether (GALA/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.017480000 is expected.
Caution: A possible change in the direction of support at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.01748 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.017480000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.017870000 |
| 2nd High | 0.017660000 |
| Next High | 0.017480000 |
| Current Price | 0.017730000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.017480000 – 0.016670000 – 0.016400000 – 0.016860000 – 0.015960000 – 0.015890000
Trading Signals: FOREX – GALA – GALA/USDT – USDT – Northern Doji