GALA/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

A bearish descent downwards to the next support line at 0.017910000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.018750000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Inside Down’ candlestick chart pattern is detected. The chart forms ‘Three Inside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.018750000 – 0.018020000 – 0.017630000 – 0.017910000 – 0.017340000 – 0.016890000 — 45.182040601527 – 42.122914607036

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –