GALA/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 0.00337 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.00346 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Matching Low’ candle chart pattern is discovered. The chart shows ‘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 probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.00346 – 0.00359 – 0.00366 – 0.00337 – 0.00347 – 0.00348 —
0.003420000 – 0.003400000 —
42.600134071947 – 40.709416917277 —
– —
0.00346 – 1773496800

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