GALA/USDT – 30M – SELLNext a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The currency pair Gala/Tether (GALA/USDT) jumps from the ascending trendline downwards
A bearish movement down to the next support line at 0.007 is expected.
Caution: A possible change in the direction of resistance at 0.00728 should be noted.
Consider stop-loss settings accordingly.
Next a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.
Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Next a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. 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 | 0.00761 |
| 2nd High | 0.00743 |
| Next High | 0.00728 |
| Current Price | 0.007160000 |
| Next Low | 0.007 |
| 2nd Low | 0.00624 |
| 3rd Low | 0.00582 |
0.00728 – 0.00743 – 0.00761 – 0.007 – 0.00703 – 0.0072 — 52.597815269443 – 48.756196716535 — 73.883750034758 – 61.853476073778 – 63.205845547274 – 68.257402074077
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –