GALA/USDT – 1H – SELLThe currency pair Gala/Tether (GALA/USDT) moves from the ascending trendline down.
A bearish movement downwards to the next support level at 0.00723 is expected.
Caution: A possible change in the direction of the resistance level at 0.00788 could occur.
Consider stop-loss settings accordingly.
Besides a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.
Besides a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00811 |
| 2nd High | 0.00795 |
| Next High | 0.00788 |
| Current Price | 0.007610000 |
| Next Low | 0.00723 |
| 2nd Low | 0.00572 |
| 3rd Low | 0.00259 |
0.00759 – 0.00636 – 0.00634 – 0.00723 – 0.00572 – 0.00594 — 68.487614992876 – 56.03527504743 — 95.639349314315 – 68.371423789424 – 87.860184822619 – 83.81994066589
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom retreat down – –