GALA/USDT – 1H – SELLThe combination Gala/Tether (GALA/USDT) moves from the bullish trendline downwards
A descent down to the next support line at 0.00703 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.00743 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00795 |
| 2nd High | 0.0079 |
| Next High | 0.00743 |
| Current Price | 0.007090000 |
| Next Low | 0.00703 |
| 2nd Low | 0.00572 |
| 3rd Low | 0.00259 |
0.00743 – 0.0079 – 0.00759 – 0.00703 – 0.0072 – 0.00722 — 45.435289413915 – 43.556336200294 — 30.445447058402 – 16.245926880796 – 40.049095766373 – 29.457752951146
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – – –