There is also a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The combination Gala/Tether (GALA/USDT) moves from the ascending trendline down.
The bearish trend down to the next support at 0.00723 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.00759 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00795 |
| 2nd High | 0.00788 |
| Next High | 0.00759 |
| Current Price | 0.007460000 |
| Next Low | 0.00723 |
| 2nd Low | 0.00572 |
| 3rd Low | 0.00259 |
0.00759 – 0.00636 – 0.00634 – 0.00723 – 0.00572 – 0.00594 — 61.387015360186 – 52.699133282039 — 61.416747285822 – 34.156723637536 – 66.112006879501 – 55.029560356874
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Rising Wedge Chart Pattern – –