The currency pair Gala/Tether (GALA/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.00266 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00277 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Also there is a ‘Tweezers Top’ chart pattern is found. The chart shows ‘Tweezers Top’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00281 |
| 2nd High | 0.00278 |
| Next High | 0.00277 |
| Current Price | 0.002740000 |
| Next Low | 0.00266 |
| 2nd Low | 0.00256 |
| 3rd Low | 0.00247 |
0.00277 – 0.00278 – 0.00281 – 0.00266 – 0.00266 – 0.0027 —
0.002700000 – 0.002750000 —
34.289240848249 – 67.384799390575 —
– —
0.00277 – 1781661600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Tweezers Top – – –