Also there is a ‘Double bottom chart pattern’ chart formation is discovered. The chart forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to rise.
The combination Gala/Tether (GALA/USDT) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.00759 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.00723 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The currency pair could go up.
Also there is a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going 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 | 0.007630000 |
| Next Low | 0.00723 |
| 2nd Low | 0.00624 |
| 3rd Low | 0.00582 |
0.00759 – 0.00638 – 0.00591 – 0.00723 – 0.00624 – 0.00582 — 58.322851033055 – 64.148301274802 — 58.535868904407 – 68.811042302576 – 63.924777194495 – 62.955945771303
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –