GALA/USDT – 30M – SELLBesides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The combination Gala/Tether (GALA/USDT) goes from the descending trendline down.
A continuation of the downtrend down to the next support level at 0.00745 is expected.
Caution: A possible change in the direction of resistance at 0.00766 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Two Crows’ candlestick pattern is found. The chart forms ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0079 |
| 2nd High | 0.00775 |
| Next High | 0.00766 |
| Current Price | 0.007500000 |
| Next Low | 0.00745 |
| 2nd Low | 0.0068 |
| 3rd Low | 0.00677 |
0.00766 – 0.00775 – 0.00748 – 0.00745 – 0.00749 – 0.0068 — 46.222430347636 – 45.423805587115 — 30.590599876314 – 40.769944341373 – 24.431303208106 – 32.792980956677
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –