Sell GALA/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.0034 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.00423 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Matching Low’ candle chart pattern is existing. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.00476
2nd High 0.00445
Next High 0.00423
Current Price 0.004070000
Next Low 0.0034
2nd Low 0.00259
3rd Low

0.00423 – 0.00445 – 0.00476 – 0.00408 – 0.00414 – 0.00424 —
0.004140000 – 0.004110000 —
38.992549810596 – 39.122086113125 —
– —
0.00423 – 1770541200

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