Sell GALA/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

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

A continuation of the downtrend down to the next support line at 0.017480000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.018370000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.020200000
2nd High 0.018720000
Next High 0.018370000
Current Price 0.017740000
Next Low 0.017480000
2nd Low 0.017140000
3rd Low 0.017110000

0.018370000 – 0.018040000 – 0.018280000 – 0.017480000 – 0.017140000 – 0.017110000 — 51.146915267702 – 43.540514648155

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