The currency pair Gala/Tether (GALA/USDT) goes from the ascending trendline downwards
A descent downwards to the next support line at 0.00385 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.0041 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The pair is likely to go down.
Besides a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00417 |
| 2nd High | 0.00413 |
| Next High | 0.0041 |
| Current Price | 0.003890000 |
| Next Low | 0.00385 |
| 2nd Low | 0.00382 |
| 3rd Low | 0.0034 |
0.0041 – 0.00413 – 0.00417 – 0.00401 – 0.00401 – 0.00403 —
0.004030000 – 0.003960000 —
47.213274784351 – 25.621633227264 —
– —
0.0041 – 1771401600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –