Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The pair Gala/Tether (GALA/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support line at 0.015670000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.017950000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Then a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘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 – –