Sell GALA/USDT – 30M – SELL

The currency pair Gala/Tether (GALA/USDT) moves from the ascending trendline downwards

The bearish trend down to the next support at 0.015680000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.016730000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 0.01608 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.016730000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.017950000
2nd High 0.016980000
Next High 0.016730000
Current Price 0.015830000
Next Low 0.015680000
2nd Low 0.015360000
3rd Low 0.015010000

0.016730000 – 0.016980000 – 0.017950000 – 0.016080000 – 0.016290000 – 0.016350000 — 32.012022465718 – 31.002519778913

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