GALA/USDT – 30M – SELLThe combination Gala/Tether (GALA/USDT) jumps from the ascending trendline down.
The bearish trend down to the next support line at 0.00723 is expected.
Caution: A possible change in the direction of the resistance line at 0.00759 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Matching Low’ candlestick pattern is discovered. The chart forms ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0078 |
| 2nd High | 0.00762 |
| Next High | 0.00759 |
| Current Price | 0.007520000 |
| Next Low | 0.00723 |
| 2nd Low | 0.00624 |
| 3rd Low | 0.00582 |
0.00759 – 0.00638 – 0.00591 – 0.00723 – 0.00624 – 0.00582 — 56.79479805367 – 56.79479805367 — 71.756837992185 – 61.572940530471 – 76.330528003206 – 71.004225342639
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Matching Low – – –