There is also a ‘Triple top chart pattern’ chart layout is discovered. The chart picture forms ‘Triple top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Gala/Tether (GALA/USDT) jumps from the bullish trendline down.
A bearish trend downwards to the next support at 0.00728 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.00759 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘%K cross above 20’ indicator signal is existing. The indicator is ‘%K cross above 20’. which could be a positive chart signal. The pair is likely to go up.
There is also a ‘Concealing Baby Swallow’ candlestick chart pattern is found. The chart shows ‘Concealing Baby Swallow’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Concealing Baby Swallow’ going down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00761 |
| 2nd High | 0.0076 |
| Next High | 0.00759 |
| Current Price | 0.007410000 |
| Next Low | 0.00728 |
| 2nd Low | 0.007 |
| 3rd Low | 0.00259 |
0.00759 – 0.0076 – 0.00761 – 0.00744 – 0.00743 – 0.00728 — 35.012570394579 – 38.399736853919 — 0 – 4.8097517501114 – 15.216277162772 – 5.7938341558729
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Concealing Baby Swallow – Triple top chart pattern – –