Besides a ‘Double bottom chart pattern’ chart pattern is discovered. The formation shows ‘Double bottom chart pattern’. which is a bullish signal. The currency pair is likely to rise.
The currency pair Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 0.016440000 is considered certain.
Caution: A possible change in the direction of the support level at could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candle pattern is existing. The candles form ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.017350000 |
| 2nd High | 0.016730000 |
| Next High | 0.016440000 |
| Current Price | 0.016480000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.016440000 – 0.016160000 – 0.016730000 – 0.016000000 – 0.015750000 – 0.015730000 — 60.698834849117 – 71.055786098447
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –