Sell GALA/USDT – 30M – SELL

The combination Gala/Tether (GALA/USDT) moves from the ascending trendline downwards

The bearish trend downwards to the next support line at 0.00723 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.00759 could occur.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

And also a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. 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).

Support & Resistance Price Range*
3rd High 0.0078
2nd High 0.00762
Next High 0.00759
Current Price 0.007510000
Next Low 0.00723
2nd Low 0.00624
3rd Low 0.00582

0.00759 – 0.00638 – 0.00591 – 0.00723 – 0.00624 – 0.00582 — 54.603436639925 – 49.597524067877 — 16.175616233712 – 9.804409771212 – 25.147315129886 – 15.886980016783

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