Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The pair Gala/Tether (GALA/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support at 0.0072 is expected.
Caution: A possible change in the direction of the resistance line at 0.00761 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0079 |
| 2nd High | 0.00768 |
| Next High | 0.00761 |
| Current Price | 0.007280000 |
| Next Low | 0.0072 |
| 2nd Low | 0.00624 |
| 3rd Low | 0.00582 |
0.00761 – 0.00768 – 0.0079 – 0.0072 – 0.00734 – 0.00722 — 46.677151495271 – 44.646390963068 — 64.609373492036 – 44.956398768614 – 80.545542168475 – 63.910388881563
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –