GALA/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 0.016910000 is certain.

Caution: A possible counter-trend in the direction of the support line at 0.016070000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.01662 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.016910000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern 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).

0.016620000 – 0.016390000 – 0.016360000 – 0.016070000 – 0.015750000 – 0.015820000 — 62.484228411562 – 67.238725723415

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –