GALA/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 0.00759 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.00784 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Down’ candle pattern is detected. The candles form ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.00784 – 0.00795 – 0.00811 – 0.00759 – 0.00776 – 0.00778 — 39.024105158266 – 34.061435252627 — 74.000434593655 – 40.667101260322 – 87.041889234083 – 71.555845284659

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – – –