Sell GALA/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.00331 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.00345 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Matching Low’ candle pattern is detected. The candles form ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.00393
2nd High 0.00349
Next High 0.00345
Current Price 0.003420000
Next Low 0.00331
2nd Low 0.00329
3rd Low 0.00325

0.00345 – 0.00341 – 0.00349 – 0.00331 – 0.00329 – 0.00331 —
0.003350000 – 0.003440000 —
43.946026145078 – 59.581688966195 —
– —
0.00345 – 1779292800

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