GALA/USDT – 1H – SELLFurthermore a ‘Double top chart pattern’ chart pattern is discovered. The chart picture forms ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The currency pair Gala/Tether (GALA/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.015880000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.016390000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.016910000 |
| 2nd High | 0.016700000 |
| Next High | 0.016390000 |
| Current Price | 0.015740000 |
| Next Low | 0.015880000 |
| 2nd Low | 0.015440000 |
| 3rd Low | 0.015100000 |
0.016390000 – 0.016270000 – 0.016700000 – 0.015880000 – 0.015440000 – 0.015100000 — 38.468612726154 – 32.697901090802
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Double top chart pattern – –