The combination Gala/Tether (GALA/USDT) goes from the bullish trendline downwards
A bearish descent down to the next support at 0.00331 will continue.
Caution: A possible change in the direction of the resistance level at 0.003450000 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Matching Low’ candle pattern is found. The candles form ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 – – –