The currency pair Gala/Tether (GALA/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.00625 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.00639 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
There is also a ‘Three Outside Down’ chart pattern is found. The chart forms ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00665 |
| 2nd High | 0.00659 |
| Next High | 0.00639 |
| Current Price | 0.006240000 |
| Next Low | 0.00625 |
| 2nd Low | 0.00619 |
| 3rd Low | 0.00582 |
0.00639 – 0.00659 – 0.00665 – 0.00627 – 0.00625 – 0.00627 —
0.006340000 – 0.006270000 —
40.058897781198 – 40.91947998775 —
– —
0.00639 – 1769243400
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – – –