The combination Gala/Tether (GALA/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.00634 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.00681 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.
Then a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00763 |
| 2nd High | 0.00682 |
| Next High | 0.00681 |
| Current Price | 0.006440000 |
| Next Low | 0.00634 |
| 2nd Low | 0.00572 |
| 3rd Low | 0.00259 |
0.00681 – 0.00682 – 0.00763 – 0.00657 – 0.00634 – 0.00691 —
0.006430000 – 0.006590000 —
41.198028118245 – 49.595924900099 —
– —
0.00681 – 1768910400
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – – –