The combination Gala/Tether (GALA/USDT) moves from the ascending trendline down.
A bearish movement downwards to the next support line at 0.00201 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.00212 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
Moreover a ‘Matching Low’ candlestick chart pattern is detected. The chart forms ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00224 |
| 2nd High | 0.00219 |
| Next High | 0.00212 |
| Current Price | 0.002110000 |
| Next Low | 0.00201 |
| 2nd Low | 0.00197 |
| 3rd Low |
0.00212 – 0.00205 – 0.00206 – 0.00201 – 0.00197 – 0.00198 —
0.002074000 – 0.002186000 —
61.788350216573 – 60.520473508892 —
– —
0.00212 – 1784239200
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Matching Low – – –