Sell GALA/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

The currency pair Gala/Tether (GALA/USDT) goes from the ascending trendline down.

A bearish descent downwards to the next support level at 0.0047 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.00494 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next 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.

Next a ‘Two Crows’ candlestick pattern is discovered. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00617
2nd High 0.00604
Next High 0.00494
Current Price 0.004740000
Next Low 0.0047
2nd Low 0.00454
3rd Low 0.00434

0.00494 – 0.00486 – 0.00491 – 0.0047 – 0.00454 – 0.00434 —
0.004830000 – 0.004960000 —
53.627840529674 – 58.380916940174 —
– —
0.00494 – 1770044400

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