GALA/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

The bearish trend downwards to the next support line at will persist.

Caution: A possible trend reversal in the direction of the resistance level at 0.020970000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Southern Doji’ candle chart pattern is discovered. The chart forms ‘Southern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.020970000 – 0.020570000 – 0.019340000 – 0.019340000 – 0.018090000 – 0.018080000

Trading Signals: FOREX – GALA – GALA/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern