Sell GALA/USDT – 4H – SELL

The combination Gala/Tether (GALA/USDT) moves from the ascending trendline down.

A bearish movement downwards to the next support level at 0.00572 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00777 could happen.
In the case of a trade, always set appropriate stop-loss settings.

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

Furthermore a ‘Two Crows’ candle chart pattern is discovered. The candles show ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00815
2nd High 0.00796
Next High 0.00777
Current Price 0.006320000
Next Low 0.00572
2nd Low 0.00259
3rd Low

0.00777 – 0.00775 – 0.00743 – 0.00634 – 0.00691 – 0.00677 —
0.006810000 – 0.006590000 —
37.710762540713 – 38.940326631564 —
– —
0.00777 – 1768719900

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