GALA/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at 0.015750000 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.016450000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

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

0.016450000 – 0.016390000 – 0.016270000 – 0.015750000 – 0.015830000 – 0.015440000 — 48.703329572663 – 47.243053769387

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Double top retreat up – –