GALA/USDT – 30M – SELLAdditionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The currency pair Gala/Tether (GALA/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 0.00744 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.0076 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.
Additionally a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.
Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00779 |
| 2nd High | 0.00761 |
| Next High | 0.0076 |
| Current Price | 0.007520000 |
| Next Low | 0.00744 |
| 2nd Low | 0.00743 |
| 3rd Low | 0.00728 |
0.0076 – 0.00761 – 0.00757 – 0.00744 – 0.00743 – 0.00728 — 53.344458309198 – 50.231447389068 — 82.156179546199 – 66.562061487435 – 78.658922564738 – 76.701148447456
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Symmetrical Triangle Chart Pattern – –