The currency pair Gala/Tether (GALA/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 0.006250000 is certain.
Caution: A possible change in the direction of the resistance zone at 0.00665 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.00634576 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.00665 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00763 |
| 2nd High | 0.00685 |
| Next High | 0.00665 |
| Current Price | 0.006380000 |
| Next Low | 0.006250000 |
| 2nd Low | 0.00619 |
| 3rd Low |
0.00665 – 0.00685 – 0.00659 – 0.006250000 – 0.00627 – 0.00628 —
0.006440000 – 0.006540000 —
34.287317328956 – 57.124142241802 —
0.006250000 – 1769178600 —
0.00665 – 1769142600