GALA/USDT – 30M – SELLThe combination Gala/Tether (GALA/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 0.013250000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.013700000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Matching Low’ candle chart pattern is discovered. The chart forms ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.014130000 |
| 2nd High | 0.013930000 |
| Next High | 0.013700000 |
| Current Price | 0.013350000 |
| Next Low | 0.013250000 |
| 2nd Low | 0.013120000 |
| 3rd Low | 0.012480000 |
0.013700000 – 0.013930000 – 0.013820000 – 0.013250000 – 0.013120000 – 0.013260000
Trading Signals: FOREX – GALA – GALA/USDT – USDT – Matching Low – Double top chart pattern