GALA/USDT – 30M – SELLThe pair Gala/Tether (GALA/USDT) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support level at 0.016390000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.017010000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Matching Low’ chart pattern is discovered. The candles form ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018510000 |
| 2nd High | 0.017870000 |
| Next High | 0.017010000 |
| Current Price | 0.016630000 |
| Next Low | 0.016390000 |
| 2nd Low | 0.016320000 |
| 3rd Low | 0.016070000 |
0.017010000 – 0.017870000 – 0.017720000 – 0.016390000 – 0.016320000 – 0.017280000 — 42.907316870408 – 41.927683761283
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –