The combination Gala/Tether (GALA/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 0.00393 will persist.
Caution: A possible change in the direction of the resistance zone at 0.00405 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
In addition a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00418 |
| 2nd High | 0.00415 |
| Next High | 0.00405 |
| Current Price | 0.003950000 |
| Next Low | 0.00393 |
| 2nd Low | 0.0034 |
| 3rd Low | 0.00259 |
0.00405 – 0.00415 – 0.00413 – 0.00393 – 0.00398 – 0.00396 —
0.003980000 – 0.003990000 —
41.361353911221 – 43.538321089552 —
– —
0.00405 – 1770735600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –