GALA/USDT – 1H – SELLIn addition a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The pair Gala/Tether (GALA/USDT) moves from the bullish trendline downwards
A bearish descent downwards to the next support line at 0.00754 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00789 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00891 |
| 2nd High | 0.00874 |
| Next High | 0.00789 |
| Current Price | 0.007810000 |
| Next Low | 0.00754 |
| 2nd Low | 0.00728 |
| 3rd Low | 0.007 |
0.00789 – 0.00787 – 0.00766 – 0.00754 – 0.00728 – 0.00728 — 58.097584604715 – 55.437271035716 — 84.972459884374 – 80.477420822568 – 56.702582245804 – 74.894730266709
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Rising Wedge Chart Pattern – –