Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The currency pair Gala/Tether (GALA/USDT) moves from the ascending trendline down.
A bearish movement down to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.00413 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.
Next a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00421 |
| 2nd High | 0.00417 |
| Next High | 0.00413 |
| Current Price | 0.004030000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00413 – 0.00417 – 0.00421 – 0.00401 – 0.00401 – 0.00403 —
0.004060000 – 0.004060000 —
48.718894775123 – 50.958413339967 —
– —
0.00413 – 1771344000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Symmetrical Triangle Chart Pattern – –