GALA/USDT – 30M – SELLIn addition a ‘Double top chart pattern’ chart layout is detected. The chart forms ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The currency pair Gala/Tether (GALA/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support at 0.00722 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.00761 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0079 |
| 2nd High | 0.00768 |
| Next High | 0.00761 |
| Current Price | 0.007260000 |
| Next Low | 0.00722 |
| 2nd Low | 0.00624 |
| 3rd Low | 0.00582 |
0.00761 – 0.00768 – 0.0079 – 0.00734 – 0.00722 – 0.00744 — 45.081298033208 – 37.556862828695 — 15.466195315952 – 21.795060637305 – 6.6399703639006 – 13.162704613711
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double top chart pattern – –