GALA/USDT – 30M – SELL

The currency pair Gala/Tether (GALA/USDT) goes from the descending trendline down.

A continuation of the downward movement downwards to the next support line at 0.015440000 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.016450000 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘Two Crows’ candle pattern is discovered. The chart forms ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.016450000 – 0.016380000 – 0.016390000 – 0.015440000 – 0.015670000 – 0.015880000 — 54.004408936305 – 51.544408713114

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Two Crows – – –