GALA/USDT – 30M – SELL

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

A bearish movement downwards to the next support at 0.00343 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.00406 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00373 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.00406 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Matching Low’ candle pattern is discovered. 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’ going up is 61% (Bull & Bear Market).

0.00362 – 0.00355 – 0.00348 – 0.00343 – 0.00348 – 0.00341 —
0.004000000 – 0.004040000 —
88.839249355561 – 61.105477771653 —
– —
0.00362 – 1771981200

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Matching Low – – –