GALA/USDT – 30M – SELLAdditionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The pair Gala/Tether (GALA/USDT) jumps from the bullish trendline down.
A descending movement downwards to the next support level at 0.00734 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.007610000 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Additionally a ‘Three Outside Down’ candle pattern is found. The chart shows ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0079 |
| 2nd High | 0.00768 |
| Next High | 0.007610000 |
| Current Price | 0.007370000 |
| Next Low | 0.00734 |
| 2nd Low | 0.00722 |
| 3rd Low | 0.00624 |
0.007610000 – 0.00768 – 0.0079 – 0.00734 – 0.00722 – 0.00744 — 42.595087662644 – 39.990340892471 — 17.849233779337 – 11.477667229107 – 29.567766904983 – 19.983079969849
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –