Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The combination Gala/Tether (GALA/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support line at 0.017790000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.020300000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.021520000 |
| 2nd High | 0.020480000 |
| Next High | 0.020300000 |
| Current Price | 0.018400000 |
| Next Low | 0.017790000 |
| 2nd Low | 0.017740000 |
| 3rd Low | 0.017290000 |
0.020300000 – 0.020480000 – 0.018770000 – 0.017790000 – 0.017740000 – 0.017290000
Trading Signals: FOREX – GALA – GALA/USDT – USDT – – Symmetrical Triangle Chart Pattern