GALA/USDT – 4H – BUY

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

A continuation of the uptrend upwards to the next resistance at 0.00796 will continue.

Caution: A possible trend reversal in the direction of the support zone at 0.006770000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.00796 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.00796 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.00743 – 0.00643 – 0.00685 – 0.006770000 – 0.00699 – 0.00572 — 67.974840029527 – 68.760903121792 — 100 – 100 – 96.852752000786 – 100

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