The currency pair Gala/Tether (GALA/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.013400000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.013820000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.
Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.014290000 |
| 2nd High | 0.014130000 |
| Next High | 0.013820000 |
| Current Price | 0.013690000 |
| Next Low | 0.013400000 |
| 2nd Low | 0.012480000 |
| 3rd Low | 0.011780000 |
0.013820000 – 0.014130000 – 0.014290000 – 0.013400000 – 0.013450000 – 0.013950000