GALA/USDT – 4H – BUY

The combination Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards

The bullish trend upwards to the next resistance level at 0.016390000 will continue.

Caution: A possible counter-trend in the direction of the support line at 0.015100000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.01702 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.016390000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.016390000 – 0.016910000 – 0.017350000 – 0.015100000 – 0.015730000 – 0.015740000 — 53.781704920621 – 54.900977998283

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –