GALA/USDT – 30M – SELL

The pair Gala/Tether (GALA/USDT) moves from the bullish trendline downwards

A bearish trend downwards to the next support line at 0.016450000 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.017180000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 0.0169558 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.017180000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

0.017180000 – 0.016910000 – 0.016940000 – 0.016450000 – 0.016590000 – 0.016230000 — 56.957520259365 – 56.153142650522

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Rising Wedge Chart Pattern – –