GALA/USDT – 30M – SELLThe combination Gala/Tether (GALA/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.00743 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.00761 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
In addition a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00831 |
| 2nd High | 0.00779 |
| Next High | 0.00761 |
| Current Price | 0.007500000 |
| Next Low | 0.00743 |
| 2nd Low | 0.00728 |
| 3rd Low | 0.007 |
0.00761 – 0.00757 – 0.00751 – 0.00743 – 0.00728 – 0.00729 — 55.657526436408 – 48.400211822668 — 69.271887487674 – 44.325081737506 – 70.822815211654 – 61.22382499649
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double bottom retreat down – –