There is also a ‘Double top chart pattern’ chart layout is existing. The chart picture shows ‘Double top chart pattern’. this is a bearish signal. The pair is likely to go down.
The pair Gala/Tether (GALA/USDT) goes from the bullish trendline downwards
A bearish descent down to the next support at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.020970000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.023470000 |
| 2nd High | 0.021910000 |
| Next High | 0.020970000 |
| Current Price | 0.019260000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.020970000 – 0.020570000 – 0.020480000 – 0.019340000 – 0.018090000 – 0.018080000
Trading Signals: FOREX – GALA – GALA/USDT – USDT – – Double top chart pattern