And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.
The combination Gala/Tether (GALA/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support line at 0.017880000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.018510000 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Matching Low’ candlestick chart pattern is existing. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018790000 |
| 2nd High | 0.018750000 |
| Next High | 0.018510000 |
| Current Price | 0.017940000 |
| Next Low | 0.017880000 |
| 2nd Low | 0.017340000 |
| 3rd Low | 0.016890000 |
0.018510000 – 0.018750000 – 0.018020000 – 0.017880000 – 0.017910000 – 0.017340000 — 38.330714558807 – 37.870893008153
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –