GALA/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance at 0.017630000 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.016890000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.01763 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.017630000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.017630000 – 0.017490000 – 0.017550000 – 0.016890000 – 0.016890000 – 0.016640000 — 69.943155034708 – 71.848135776175

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