The pair Gala/Tether (GALA/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.00728 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00761 is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The pair is likely to go down.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00831 |
| 2nd High | 0.00779 |
| Next High | 0.00761 |
| Current Price | 0.007520000 |
| Next Low | 0.00728 |
| 2nd Low | 0.007 |
| 3rd Low | 0.00259 |
0.00761 – 0.00757 – 0.00751 – 0.00728 – 0.00729 – 0.007 — 54.323782145971 – 52.934911910712 — 49.78300965607 – 47.285812448013 – 46.195435969766 – 47.754752691283
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Inverse Head and Shoulder chart pattern – –