GALA/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A bearish descent down to the next support at 0.019340000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.020570000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Also there is a ‘Two Crows’ candle pattern is detected. The chart forms ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.020570000 – 0.020480000 – 0.018920000 – 0.019340000 – 0.018090000 – 0.018080000

Trading Signals: FOREX – GALA – GALA/USDT – USDT – Two Crows – Rising Wedge Chart Pattern