GALA/USDT – 4H – SELLBesides a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The currency pair Gala/Tether (GALA/USDT) goes from the ascending trendline downwards
A descending movement downwards to the next support at 0.00827 is expected.
Caution: A possible change in the direction of the resistance line at 0.00955 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.01167 |
| 2nd High | 0.01089 |
| Next High | 0.00955 |
| Current Price | 0.008210000 |
| Next Low | 0.00827 |
| 2nd Low | 0.00791 |
| 3rd Low | 0.00259 |
0.00955 – 0.01089 – 0.0107 – 0.00827 – 0.00872 – 0.00791 — 37.99550168592 – 33.630878547843 — 36.072166992381 – 20.579488486702 – 56.193364099879 – 37.669854508659
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –