GALA/USDT – 4H – SELL

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

A continuation of the bearish trend down to the next support level at 0.00691 is certain.

Caution: A possible change in the direction of resistance at 0.00775 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.00775 – 0.00743 – 0.00643 – 0.00691 – 0.00677 – 0.00699 — 38.012841364069 – 35.099856763123 — 31.777424162057 – 8.078856305726 – 55.521456896769 – 32.634942284863

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – – –