The combination Gala/Tether (GALA/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support level at 0.00329 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.00354 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ” indicator layout is detected. The indicator shows ”. this is usually a bearish chart signal. The currency pair could go down.
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And also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
And also a ‘Bearish Belt Hold’ candlestick chart pattern is found. The candles show ‘Bearish Belt Hold’. which is a bearish signal. The currency 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 | 0.00354 |
| Current Price | 0.003560000 |
| Next Low | 0.00329 |
| 2nd Low | 0.00328 |
| 3rd Low | 0.00321 |
0.00343 – 0.00354 – 0.00351 – 0.00329 – 0.00333 – 0.00328 —
0.003500000 – 0.003570000 —
61.700459772247 – 72.955796056955 —
– —
0.00343 – 1773307800
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bearish Belt Hold – – –