GALA/USDT – 30M – SELLBesides a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The pair Gala/Tether (GALA/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support line at is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.00789 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.007585 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.00789 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00874 |
| 2nd High | 0.00831 |
| Next High | 0.00789 |
| Current Price | 0.007680000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00789 – 0.00787 – 0.00766 – 0.007670000 – 0.00754 – 0.00759 — 44.83367715269 – 41.28595935703 — 64.075345199138 – 40.40226674116 – 70.723068659085 – 61.243519376707
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Rising Wedge Chart Pattern – –