GALA/USDT – 30M – SELLThe pair Gala/Tether (GALA/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.00321 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.003430000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bearish Belt Hold’ chart pattern is found. The candles show ‘Bearish Belt Hold’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00366 |
| 2nd High | 0.00359 |
| Next High | 0.003430000 |
| Current Price | 0.003330000 |
| Next Low | 0.00321 |
| 2nd Low | 0.00318 |
| 3rd Low | 0.00259 |
0.003430000 – 0.0034 – 0.00331 – 0.00321 – 0.00318 – 0.00334 —
0.003430000 – 0.003380000 —
66.907629582568 – 51.489001034513 —
0.003430000 – 1773034200 —
– 1773034200
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bearish Belt Hold – – –