The combination Gala/Tether (GALA/USDT) moves from the bullish trendline down.
A bearish descent downwards to the next support level at 0.00593 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.00617 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish 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 | 0.00665 |
| 2nd High | 0.00659 |
| Next High | 0.00617 |
| Current Price | 0.005780000 |
| Next Low | 0.00593 |
| 2nd Low | 0.00572 |
| 3rd Low | 0.00259 |
0.00617 – 0.00659 – 0.00665 – 0.00593 – 0.00601 – 0.00625 —
0.005970000 – 0.005970000 —
42.025324898196 – 40.055682058585 —
– —
0.00617 – 1769544000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Double top chart pattern – –