The pair Gala/Tether (GALA/USDT) goes from the bullish trendline downwards
A descent down to the next support level at 0.017340000 will persist.
Caution: A possible change in the direction of the resistance line at 0.018740000 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Two Crows’ candlestick chart pattern is discovered. The candles show ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.018940000 |
| 2nd High | 0.018790000 |
| Next High | 0.018740000 |
| Current Price | 0.018350000 |
| Next Low | 0.017340000 |
| 2nd Low | 0.016890000 |
| 3rd Low | 0.016740000 |
0.018020000 – 0.017630000 – 0.017490000 – 0.017340000 – 0.016890000 – 0.016890000 — 49.353377625332 – 49.353377625332
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Two Crows – Double top chart pattern – –