GALA/USDT – 30M – SELLThe currency pair Gala/Tether (GALA/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 0.014720000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.015250000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.
There is also a ‘Two Crows’ candlestick pattern is existing. The candles form ‘Two Crows’. this is a bearish chart scenario. The 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 | 0.017930000 |
| 2nd High | 0.015290000 |
| Next High | 0.015250000 |
| Current Price | 0.015090000 |
| Next Low | 0.014720000 |
| 2nd Low | 0.014590000 |
| 3rd Low | 0.014340000 |
0.015250000 – 0.015250000 – 0.015290000 – 0.014720000 – 0.015000000 – 0.014590000
Trading Signals: FOREX – GALA – GALA/USDT – USDT – Two Crows