GALA/USDT – 30M – SELLThe currency pair Gala/Tether (GALA/USDT) jumps from the ascending trendline downwards
A bearish trend down to the next support level at 0.017800000 is certain.
Caution: A possible change in the direction of resistance at 0.020200000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.020970000 |
| 2nd High | 0.020700000 |
| Next High | 0.020200000 |
| Current Price | 0.018540000 |
| Next Low | 0.017800000 |
| 2nd Low | 0.016460000 |
| 3rd Low | 0.016390000 |
0.018240000 – 0.017110000 – 0.017610000 – 0.017800000 – 0.016460000 – 0.016550000 — 56.898565956616 – 53.924002621242
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –