The pair Gala/Tether (GALA/USDT) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.00415 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00496 |
| 2nd High | 0.00421 |
| Next High | 0.00415 |
| Current Price | 0.003550000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00415 – 0.00406 – 0.00421 – 0.00336 – 0.0034 – 0.00372 —
0.003620000 – 0.003690000 —
43.35688009192 – 52.291110068182 —
– —
0.00415 – 1772049600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Symmetrical Triangle Chart Pattern – –