The combination Gala/Tether (GALA/USDT) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support line at 0.00434 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.00491 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00604 |
| 2nd High | 0.00549 |
| Next High | 0.00491 |
| Current Price | 0.004740000 |
| Next Low | 0.00434 |
| 2nd Low | 0.00259 |
| 3rd Low |
0.00491 – 0.0049 – 0.00549 – 0.00434 – 0.00512 – 0.00526 —
0.004890000 – 0.004840000 —
52.088055481387 – 50.156415690858 —
– —
0.00491 – 1769931000