GALA/USDT – 1H – BUY

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

A bullish trend up to the next resistance at 0.00361 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 0.00329 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.

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

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 0.00361 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.00361 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Up’ candle pattern is found. The candles form ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.00361 – 0.00354 – 0.00351 – 0.00329 – 0.00328 – 0.00334 —
0.003600000 – 0.003520000 —
62.889959290536 – 52.746932970397 —
– —
0.00361 – 1773396000

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Up – – –