Sell GALA/USDT – 30M – SELL

The currency pair Gala/Tether (GALA/USDT) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at 0.0034 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.00418 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.00445
2nd High 0.00423
Next High 0.00418
Current Price 0.003980000
Next Low 0.0034
2nd Low 0.00259
3rd Low

0.00418 – 0.00423 – 0.00445 – 0.00403 – 0.00408 – 0.00414 —
0.004160000 – 0.004050000 —
48.855802620247 – 33.321113828275 —
– —
0.00418 – 1770607800

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