GALA/USDT – 30M – SELLThe currency pair Gala/Tether (GALA/USDT) jumps from the ascending trendline down.
A descending movement down to the next support line at 0.019340000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.020570000 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.021910000 |
| 2nd High | 0.021520000 |
| Next High | 0.020570000 |
| Current Price | 0.020410000 |
| Next Low | 0.019340000 |
| 2nd Low | 0.018090000 |
| 3rd Low | 0.018080000 |
0.020570000 – 0.019340000 – 0.020300000 – 0.019340000 – 0.018090000 – 0.018080000
Trading Signals: FOREX – GALA – GALA/USDT – USDT – – Double bottom retreat down