GALA/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance line at 0.018320000 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 0.016890000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 0.01763 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.018320000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. this 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.017630000 – 0.017490000 – 0.017550000 – 0.016890000 – 0.016890000 – 0.016900000 — 70.829176060467 – 73.029950398067

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