Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The pair Gala/Tether (GALA/USDT) jumps from the bullish trendline downwards
A descent down to the next support at is considered certain.
Caution: A possible change in the direction of resistance at 0.018370000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.
Moreover a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.020970000 |
| 2nd High | 0.018720000 |
| Next High | 0.018370000 |
| Current Price | 0.016640000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.018370000 – 0.018720000 – 0.020970000 – 0.016460000 – 0.014810000 – 0.016470000 — 38.837956324327 – 37.692264665273
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –