In addition a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The combination Gala/Tether (GALA/USDT) goes from the bullish trendline down.
The bearish trend down to the next support line at is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.019150000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘Three Outside Down’ candle chart pattern is found. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.021910000 |
| 2nd High | 0.020970000 |
| Next High | 0.019150000 |
| Current Price | 0.016420000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.019150000 – 0.018370000 – 0.018720000 – 0.016460000 – 0.014810000 – 0.016470000 — 41.378781001327 – 36.90056971299
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –