GALA/USDT – 30M – SELL

The combination Gala/Tether (GALA/USDT) goes from the bullish trendline downwards

A bearish movement down to the next support at 0.016900000 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.017550000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.017095 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.017550000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.017550000 – 0.017140000 – 0.017100000 – 0.016900000 – 0.016740000 – 0.016640000 — 61.879170878072 – 58.564754088297

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –