Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The currency pair Gala/Tether (GALA/USDT) jumps from the ascending trendline down.
A bearish trend down to the next support at 0.015670000 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.016380000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.016700000 |
| 2nd High | 0.016390000 |
| Next High | 0.016380000 |
| Current Price | 0.015650000 |
| Next Low | 0.015670000 |
| 2nd Low | 0.015440000 |
| 3rd Low | 0.015100000 |
0.016380000 – 0.016390000 – 0.016270000 – 0.015670000 – 0.015880000 – 0.015440000 — 33.082132655669 – 31.878010844251
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Symmetrical Triangle Chart Pattern – –