The currency pair Gala/Tether (GALA/USDT) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 0.00619 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.00681 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.
Besides a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00763 |
| 2nd High | 0.00682 |
| Next High | 0.00681 |
| Current Price | 0.006600000 |
| Next Low | 0.00619 |
| 2nd Low | 0.00572 |
| 3rd Low | 0.00259 |
0.00659 – 0.00681 – 0.00682 – 0.00619 – 0.00623 – 0.00657 —
0.006690000 – 0.006780000 —
60.234598786408 – 60.634478948559 —
– —
0.00659 – 1768964400