The combination Gala/Tether (GALA/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.00336 will persist.
Caution: A possible change in the direction of resistance at 0.00375 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00421 |
| 2nd High | 0.00415 |
| Next High | 0.00375 |
| Current Price | 0.003220000 |
| Next Low | 0.00336 |
| 2nd Low | 0.00259 |
| 3rd Low |
0.00375 – 0.00415 – 0.00406 – 0.00339 – 0.00336 – 0.0034 —
0.003520000 – 0.003370000 —
37.569227006562 – 34.429023102299 —
– —
0.00375 – 1772640000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – – –