GALA/USDT – 30M – BUYThe pair Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 0.00779 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.00729 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.00787 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.00779 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00874 |
| 2nd High | 0.00831 |
| Next High | 0.00779 |
| Current Price | 0.007460000 |
| Next Low | 0.00729 |
| 2nd Low | 0.007 |
| 3rd Low | 0.00259 |
0.00779 – 0.00831 – 0.00874 – 0.00729 – 0.007 – 0.00784 — 44.224749111529 – 45.702215382877 — 17.935445598224 – 39.505220883534 – 14.49184939128 – 23.199822240009
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –