Sell GALA/USDT – 4H – SELL

The combination Gala/Tether (GALA/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 0.00259 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.00375 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart scenario. The currency pair is likely to fall.

There is also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.00421
2nd High 0.00415
Next High 0.00375
Current Price 0.003290000
Next Low 0.00259
2nd Low
3rd Low

0.00375 – 0.00415 – 0.00406 – 0.00339 – 0.00336 – 0.0034 —
0.003580000 – 0.003390000 —
43.710061651153 – 36.16741471932 —
– —
0.00375 – 1772640000

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