The combination Gala/Tether (GALA/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.00309 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.00319 could occur.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.
And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00323 |
| 2nd High | 0.00322 |
| Next High | 0.00319 |
| Current Price | 0.003150000 |
| Next Low | 0.00309 |
| 2nd Low | 0.00305 |
| 3rd Low | 0.00295 |
0.00319 – 0.00322 – 0.00313 – 0.00309 – 0.00305 – 0.00309 —
0.003180000 – 0.003170000 —
53.014812590696 – 52.563477610904 —
– —
0.00319 – 1777917600