Sell GALA/USDT – 30M – SELL

The combination Gala/Tether (GALA/USDT) goes from the bullish trendline downwards

A bearish descent down to the next support level at 0.00335 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.0035 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Last Engulfing Bottom:’ chart pattern is found. The chart shows ‘Last Engulfing Bottom:’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00366
2nd High 0.00359
Next High 0.0035
Current Price 0.003500000
Next Low 0.00335
2nd Low 0.00329
3rd Low 0.00328

0.0035 – 0.00349 – 0.00346 – 0.00335 – 0.00337 – 0.00347 —
0.003530000 – 0.003530000 —
59.991186012265 – 57.681241074844 —
– —
0.0035 – 1773572400

Trading Signals:

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