Furthermore a ‘Double bottom chart pattern’ chart formation is existing. The formation shows ‘Double bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to rise.
The pair Gala/Tether (GALA/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.018020000 will persist.
Caution: A possible change in the direction of support at 0.017340000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018740000 |
| 2nd High | 0.018320000 |
| Next High | 0.018020000 |
| Current Price | 0.018060000 |
| Next Low | 0.017340000 |
| 2nd Low | 0.016890000 |
| 3rd Low | 0.016740000 |
0.018020000 – 0.017630000 – 0.017490000 – 0.017340000 – 0.016890000 – 0.016890000 — 58.682442569474 – 64.139640083225
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom chart pattern – –