GALA/USDT – 4H – SELLThe pair Gala/Tether (GALA/USDT) goes from the bullish trendline down.
A bearish descent down to the next support level at 0.00259 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.00375 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Tweezers Top’ candlestick chart pattern is detected. The candles form ‘Tweezers Top’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00421 |
| 2nd High | 0.00415 |
| Next High | 0.00375 |
| Current Price | 0.003240000 |
| Next Low | 0.00259 |
| 2nd Low | |
| 3rd Low |
0.00375 – 0.00415 – 0.00406 – 0.00339 – 0.00336 – 0.0034 —
0.003450000 – 0.003270000 —
39.123603024665 – 33.488248814928 —
– —
0.00375 – 1772640000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Tweezers Top – Symmetrical Triangle Chart Pattern – –