GALA/USDT – 1H – SELL

The currency pair Gala/Tether (GALA/USDT) jumps from the bullish trendline down.

The bearish trend down to the next support at 0.00657 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.00788 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘RSI fall below 30’ indicator signal is discovered. The indicator is ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair could go down.

Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Then a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.00788 – 0.00757 – 0.00691 – 0.00744 – 0.00741 – 0.00657 — 35.26322527511 – 24.438907599103 — 9.4378608325737 – 9.4378608325737 – 6.8287758990214 – 8.1333183657976

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double top chart pattern – –