The combination Gala/Tether (GALA/USDT) jumps from the bullish trendline downwards
A descending movement downwards to the next support at 0.00259 is considered certain.
Caution: A possible change in the direction of resistance at 0.00604 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Then a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00659 |
| 2nd High | 0.00617 |
| Next High | 0.00604 |
| Current Price | 0.005230000 |
| Next Low | 0.00259 |
| 2nd Low | |
| 3rd Low |
0.00604 – 0.00617 – 0.00659 – 0.00526 – 0.00523 – 0.00537 —
0.005400000 – 0.005290000 —
43.023692661211 – 32.598192825471 —
– —
0.00604 – 1769641200
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Double top chart pattern – –