GALA/USDT – 30M – SELLThe pair Gala/Tether (GALA/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.00744 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.0076 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
In addition a ‘Two Crows’ candle chart pattern is detected. The candles form ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00779 |
| 2nd High | 0.00761 |
| Next High | 0.0076 |
| Current Price | 0.007530000 |
| Next Low | 0.00744 |
| 2nd Low | 0.00743 |
| 3rd Low | 0.00728 |
0.0076 – 0.00761 – 0.00757 – 0.00744 – 0.00743 – 0.00728 — 54.902412646694 – 53.369361865054 — 74.336565567645 – 86.629286816186 – 50.29580006772 – 71.683245864515
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Two Crows – – –