GALA/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support line at 0.00677 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.00775 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

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

Next a ‘Northern Doji’ candlestick pattern is detected. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.00775 – 0.00743 – 0.00643 – 0.00677 – 0.00699 – 0.00572 — 65.670452013676 – 60.511975946382 — 38.018414116702 – 60.550522704818 – 19.284909467162 – 36.523517470969

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – – –