GALA/USDT – 30M – SELLThe currency pair Gala/Tether (GALA/USDT) jumps from the bullish trendline downwards
A bearish descent down to the next support line at 0.00744 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00761 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
Also there is a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00831 |
| 2nd High | 0.00779 |
| Next High | 0.00761 |
| Current Price | 0.007480000 |
| Next Low | 0.00744 |
| 2nd Low | 0.00743 |
| 3rd Low | 0.00728 |
0.00759 – 0.0076 – 0.00761 – 0.00744 – 0.00743 – 0.00728 — 56.565913215209 – 47.338820263179 — 83.64371673366 – 70.954259935342 – 83.798800645195 – 81.877297144473
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –