Also there is a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The combination Gala/Tether (GALA/USDT) moves from the bullish trendline downwards
The bearish trend down to the next support line at 0.015670000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.017950000 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Also there is a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘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 success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.020970000 |
| 2nd High | 0.019150000 |
| Next High | 0.017950000 |
| Current Price | 0.016220000 |
| Next Low | 0.015670000 |
| 2nd Low | 0.014810000 |
| 3rd Low | 0.013610000 |
0.017950000 – 0.019150000 – 0.018370000 – 0.015670000 – 0.015960000 – 0.016460000 — 44.895469908139 – 43.126166729724
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –