The currency pair Gala/Tether (GALA/USDT) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.0034 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.00418 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00445 |
| 2nd High | 0.00423 |
| Next High | 0.00418 |
| Current Price | 0.003980000 |
| Next Low | 0.0034 |
| 2nd Low | 0.00259 |
| 3rd Low |
0.00418 – 0.00423 – 0.00445 – 0.00403 – 0.00408 – 0.00414 —
0.004160000 – 0.004050000 —
48.855802620247 – 33.321113828275 —
– —
0.00418 – 1770607800
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – – –