And also a ‘Double bottom chart pattern’ chart formation is discovered. The formation shows ‘Double bottom chart pattern’. this is a bullish signal. The currency pair is likely to rise.
The pair Gala/Tether (GALA/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.018020000 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.017340000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018740000 |
| 2nd High | 0.018320000 |
| Next High | 0.018020000 |
| Current Price | 0.018060000 |
| Next Low | 0.017340000 |
| 2nd Low | 0.016890000 |
| 3rd Low | 0.016740000 |
0.018020000 – 0.017630000 – 0.017490000 – 0.017340000 – 0.016890000 – 0.016890000 — 58.682442569474 – 64.139640083225
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –