GALA/USDT – 30M – SELL

The pair Gala/Tether (GALA/USDT) jumps from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 0.016540000 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.017010000 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

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

0.017010000 – 0.017870000 – 0.017720000 – 0.016540000 – 0.016390000 – 0.016320000 — 53.334946674445 – 53.334946674445

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