The combination Gala/Tether (GALA/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support level at will continue.
Caution: A possible counter-trend in the direction of resistance at 0.00368 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. 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 | 0.00387 |
| 2nd High | 0.00375 |
| Next High | 0.00368 |
| Current Price | 0.003560000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00368 – 0.0035 – 0.00349 – 0.00355 – 0.00335 – 0.00337 —
0.003670000 – 0.003620000 —
60.111561642942 – 45.66197247703 —
– —
0.00368 – 1773648000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – – –