GALA/USDT – 30M – SELLThe pair Gala/Tether (GALA/USDT) goes from the bullish trendline down.
A bearish descent down to the next support level at 0.016860000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.020350000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Two Crows’ candlestick pattern is detected. The candles form ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.021910000 |
| 2nd High | 0.021520000 |
| Next High | 0.020350000 |
| Current Price | 0.017630000 |
| Next Low | 0.016860000 |
| 2nd Low | 0.015960000 |
| 3rd Low | 0.015890000 |
0.017480000 – 0.016670000 – 0.016400000 – 0.016860000 – 0.015960000 – 0.015890000
Trading Signals: FOREX – GALA – GALA/USDT – USDT – Two Crows