GALA/USDT – 30M – SELLBesides a ‘Triple top chart pattern’ chart layout is detected. The chart forms ‘Triple top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The pair Gala/Tether (GALA/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support at 0.00688 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.00716 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
Besides a ‘Two Crows’ candle chart pattern is existing. The candles form ‘Two Crows’. 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 success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00724 |
| 2nd High | 0.00719 |
| Next High | 0.00716 |
| Current Price | 0.007000000 |
| Next Low | 0.00688 |
| 2nd Low | 0.00681 |
| 3rd Low | 0.00664 |
0.00716 – 0.00719 – 0.00724 – 0.00704 – 0.0071 – 0.00688 — 36.814935506196 – 35.002005862222 — 44.027867090437 – 46.944078595969 – 34.051988203099 – 42.150421358708
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Two Crows – Triple top chart pattern – –