GALA/USDT – 1H – SELLThe currency pair Gala/Tether (GALA/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.00657 will continue.
Caution: A possible change in the direction of resistance at 0.00778 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair could go down.
Besides a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00811 |
| 2nd High | 0.00795 |
| Next High | 0.00778 |
| Current Price | 0.007490000 |
| Next Low | 0.00657 |
| 2nd Low | 0.00259 |
| 3rd Low |
0.00691 – 0.00778 – 0.00795 – 0.00657 – 0.00756 – 0.00776 — 79.777656491881 – 78.881397400692 — 100 – 99.318067782694 – 100 – 99.772689260898