Sell GALA/USDT – 4H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

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

Caution: A possible change in the direction of resistance at 0.018370000 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.020970000
2nd High 0.018720000
Next High 0.018370000
Current Price 0.016640000
Next Low
2nd Low
3rd Low

0.018370000 – 0.018720000 – 0.020970000 – 0.016460000 – 0.014810000 – 0.016470000 — 38.837956324327 – 37.692264665273

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