GALA/USDT – 1H – BUY

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

An ascending movement up to the next resistance at 0.016390000 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.015440000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.

There is also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.01652266 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.016390000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.016390000 – 0.016270000 – 0.016700000 – 0.015440000 – 0.015880000 – 0.015440000 — 52.755646923006 – 55.755320862998

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