Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The combination Gala/Tether (GALA/USDT) moves from the bullish trendline down.
A bearish trend downwards to the next support line at is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.00366 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.00347496 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.00366 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00387 |
| 2nd High | 0.00375 |
| Next High | 0.00366 |
| Current Price | 0.003510000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00366 – 0.00375 – 0.0037 – 0.00353 – 0.00352 – 0.00347 —
0.003640000 – 0.003610000 —
51.373010307855 – 40.344640787019 —
– —
0.00366 – 1772706600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Symmetrical Triangle Chart Pattern – –