GALA/USDT – 30M – SELLAdditionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The pair Gala/Tether (GALA/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support at 0.017790000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.020300000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could 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