Sell GALA/USDT – 1H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

The currency pair Gala/Tether (GALA/USDT) jumps from the bullish trendline down.

A bearish movement down to the next support line at 0.00744 will continue.

Caution: A possible change in the direction of the resistance zone at 0.00788 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Additionally a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00811
2nd High 0.00795
Next High 0.00788
Current Price 0.007520000
Next Low 0.00744
2nd Low 0.00741
3rd Low 0.00657

0.00788 – 0.00757 – 0.00691 – 0.00744 – 0.00741 – 0.00657 — 46.390764794738 – 42.915204270265 — 55.674677936007 – 71.97570525011 – 33.250183070182 – 51.747634637669

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