Buy GALA/USDT – 30M – BUY

The combination Gala/Tether (GALA/USDT) jumps from the ascending trendline upwards

A continuation of the uptrend up to the next resistance at 0.00759 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.00624 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The 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).

Support & Resistance Price Range*
3rd High 0.0078
2nd High 0.00762
Next High 0.00759
Current Price 0.007310000
Next Low 0.00624
2nd Low 0.00582
3rd Low 0.00572

0.00759 – 0.00638 – 0.00591 – 0.00624 – 0.00582 – 0.00572 — 45.998929871522 – 48.014467423284 — 4.3722982708934 – 10.350624399616 – 3.172572988999 – 6.004864384349

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