The currency pair Gala/Tether (GALA/USDT) goes from the ascending trendline downwards
A descent downwards to the next support line at is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.015200000 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.017930000 |
| 2nd High | 0.015790000 |
| Next High | 0.015200000 |
| Current Price | 0.014290000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.015200000 – 0.014160000 – 0.014100000 – 0.013830000 – 0.013820000 – 0.013420000