GALA/USDT – 30M – SELLThe currency pair Gala/Tether (GALA/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support line at 0.0021 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.00224 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bearish Engulfing’ candle pattern is found. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00236 |
| 2nd High | 0.00232 |
| Next High | 0.00224 |
| Current Price | 0.002176000 |
| Next Low | 0.0021 |
| 2nd Low | 0.00207 |
| 3rd Low | 0.00204 |
0.00215 – 0.00214 – 0.0021 – 0.0021 – 0.0021 – 0.00207 —
0.002183000 – 0.002178000 —
75.475435914372 – 61.955423276484 —
– —
0.00215 – 1783621800
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bearish Engulfing – – –