GALA/USDT – 1H – SELLThe combination Gala/Tether (GALA/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.00843 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.00955 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.01056 |
| 2nd High | 0.01007 |
| Next High | 0.00955 |
| Current Price | 0.008350000 |
| Next Low | 0.00843 |
| 2nd Low | 0.00791 |
| 3rd Low | 0.00259 |
0.00955 – 0.00944 – 0.00936 – 0.00893 – 0.00876 – 0.00872 — 34.954061118353 – 34.020167158211 — 0 – 0 – 6.1584950629894 – 0
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Double top retreat up – –