GALA/USDT – 30M – SELLAnd also a ‘Double top chart pattern’ chart layout is existing. The chart forms ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to fall.
The combination Gala/Tether (GALA/USDT) moves from the ascending trendline down.
A bearish descent downwards to the next support level at 0.00784 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.00831 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart signal. The pair is likely to go down.
And also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.
And also a ‘Three Outside Down’ candlestick chart pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00891 |
| 2nd High | 0.00874 |
| Next High | 0.00831 |
| Current Price | 0.007520000 |
| Next Low | 0.00784 |
| 2nd Low | 0.00259 |
| 3rd Low |
0.00831 – 0.00874 – 0.00855 – 0.00784 – 0.00798 – 0.00829 — 36.832478820478 – 24.743769174176 — 3.7745760168092 – 3.7745760168092 – 5.6623849165302 – 3.7745760168092
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – Double top chart pattern – –