The pair Gala/Tether (GALA/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.00334 will continue.
Caution: A possible change in the direction of resistance at 0.00348 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.
In addition a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00366 |
| 2nd High | 0.00359 |
| Next High | 0.00348 |
| Current Price | 0.003410000 |
| Next Low | 0.00334 |
| 2nd Low | 0.00331 |
| 3rd Low | 0.00321 |
0.00348 – 0.00345 – 0.00343 – 0.00334 – 0.00331 – 0.00321 —
0.003400000 – 0.003420000 —
49.580529261876 – 54.804402803783 —
– —
0.00348 – 1773084600