GALA/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A bearish movement downwards to the next support at 0.007230000 is likely expected.

Caution: A possible change in the direction of resistance at 0.00759 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘Two Crows’ chart pattern is discovered. The chart forms ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.00759 – 0.00636 – 0.00634 – 0.007230000 – 0.00572 – 0.00594 — 60.719973822222 – 60.719973822222 — 50.589762401941 – 47.817698759011 – 62.001868678318 – 55.002761711739

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –