The combination Gala/Tether (GALA/USDT) moves from the ascending trendline down.
A bearish trend down to the next support at 0.00331 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.003450000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Matching Low’ chart pattern is discovered. The chart shows ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.003450000 |
| Current Price | 0.003420000 |
| Next Low | 0.00331 |
| 2nd Low | 0.00329 |
| 3rd Low | 0.00325 |
0.003450000 – 0.00345 – 0.00345 – 0.00331 – 0.00335 – 0.00329 —
0.003450000 – 0.003440000 —
66.240527620274 – 59.990754174716 —
0.003450000 – 1779384600 —
– 1779384600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –