In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The combination Gala/Tether (GALA/USDT) goes from the ascending trendline downwards
A descending movement downwards to the next support at 0.017880000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.018510000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
In addition a ‘Matching Low’ chart pattern is found. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018790000 |
| 2nd High | 0.018750000 |
| Next High | 0.018510000 |
| Current Price | 0.017940000 |
| Next Low | 0.017880000 |
| 2nd Low | 0.017340000 |
| 3rd Low | 0.016890000 |
0.018510000 – 0.018750000 – 0.018020000 – 0.017880000 – 0.017910000 – 0.017340000 — 38.330714558807 – 37.870893008153
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –