GALA/USDT – 30M – SELLThe combination Gala/Tether (GALA/USDT) goes from the ascending trendline downwards
A bearish descent downwards to the next support level at 0.00754 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.00787 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.
Moreover a ‘Collapsing Doji Star’ candle chart pattern is existing. The chart forms ‘Collapsing Doji Star’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00874 |
| 2nd High | 0.00831 |
| Next High | 0.00787 |
| Current Price | 0.007770000 |
| Next Low | 0.00754 |
| 2nd Low | 0.00728 |
| 3rd Low | 0.007 |
0.00787 – 0.00766 – 0.00759 – 0.00754 – 0.00759 – 0.00728 — 57.024288465241 – 54.117926567374 — 55.146845435022 – 53.060247257531 – 46.280979743456 – 53.079594482172
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Collapsing Doji Star – Double bottom chart pattern – –