Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The currency pair Gala/Tether (GALA/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support level at 0.00339 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00375 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00421 |
| 2nd High | 0.00415 |
| Next High | 0.00375 |
| Current Price | 0.003390000 |
| Next Low | 0.00339 |
| 2nd Low | 0.00336 |
| 3rd Low | 0.00259 |
0.00375 – 0.00415 – 0.00406 – 0.00339 – 0.00336 – 0.0034 —
0.003650000 – 0.003460000 —
47.92812712039 – 42.764927561365 —
– —
0.00375 – 1772640000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Symmetrical Triangle Chart Pattern – –