Besides a ‘Triple top chart pattern’ chart formation is discovered. The chart picture shows ‘Triple top chart pattern’. which is a negative signal. The currency pair is likely to fall.
The combination Gala/Tether (GALA/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance line at 0.00759 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.00744 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair could go up.
Besides a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00761 |
| 2nd High | 0.0076 |
| Next High | 0.00759 |
| Current Price | 0.007420000 |
| Next Low | 0.00744 |
| 2nd Low | 0.00743 |
| 3rd Low | 0.00728 |
0.00759 – 0.0076 – 0.00761 – 0.00744 – 0.00743 – 0.00728 — 38.466296923175 – 40.145304464376 — 4.8114565342545 – 12.013529073115 – 5.7959324364032 – 5.6083285357897
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Triple top chart pattern – –