GALA/USDT – 30M – SELLThe combination Gala/Tether (GALA/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support level at will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.00751 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.
Moreover a ‘Three Black Crows’ candle pattern is found. The candles show ‘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 probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00831 |
| 2nd High | 0.00779 |
| Next High | 0.00751 |
| Current Price | 0.007400000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00751 – 0.00779 – 0.00831 – 0.00728 – 0.00729 – 0.007 — 47.873546414162 – 46.889899696824 — 51.889060621673 – 23.611111111111 – 59.365677784003 – 45.919297517255
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – – –