GALA/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.00694 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.00788 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.00788 – 0.00757 – 0.00691 – 0.00694 – 0.00744 – 0.00741 — 46.265700535198 – 40.923879663186 — 96.217744786143 – 81.832888445681 – 91.397652938858 – 89.39584481091

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