Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The combination Gala/Tether (GALA/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.00743 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.007600000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.
Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00779 |
| 2nd High | 0.00761 |
| Next High | 0.007600000 |
| Current Price | 0.007470000 |
| Next Low | 0.00743 |
| 2nd Low | 0.00728 |
| 3rd Low | 0.007 |
0.007600000 – 0.00761 – 0.00757 – 0.00743 – 0.00728 – 0.00729 — 53.111628844807 – 45.477721603715 — 48.089443108974 – 45.625500801282 – 26.520766559829 – 40.472255608974
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Symmetrical Triangle Chart Pattern – –