And also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The pair Gala/Tether (GALA/USDT) jumps from the ascending trendline downwards
A bearish movement downwards to the next support at 0.00619 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.00777 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00815 |
| 2nd High | 0.00796 |
| Next High | 0.00777 |
| Current Price | 0.006420000 |
| Next Low | 0.00619 |
| 2nd Low | 0.00572 |
| 3rd Low | 0.00259 |
0.00777 – 0.00775 – 0.00743 – 0.00619 – 0.00634 – 0.00691 —
0.006690000 – 0.006580000 —
42.55779379943 – 46.453225810526 —
– —
0.00777 – 1768719900
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Rising Wedge Chart Pattern – –