GALA/USDT – 4H – SELLThere is also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.
The currency pair Gala/Tether (GALA/USDT) goes from the bullish trendline downwards
A bearish movement down to the next support at 0.00677 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.00775 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Two Crows’ chart pattern is existing. The candles show ‘Two Crows’. which is a bearish 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’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00815 |
| 2nd High | 0.00796 |
| Next High | 0.00775 |
| Current Price | 0.007040000 |
| Next Low | 0.00677 |
| 2nd Low | 0.00572 |
| 3rd Low | 0.00259 |
0.00775 – 0.00743 – 0.00643 – 0.00677 – 0.00699 – 0.00572 — 42.866115012085 – 41.628344229934 — 8.8288456306824 – 10.995726309364 – 5.0274791123338 – 8.3318265645116
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –