Sell GALA/USDT – 30M – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A continuation of the downward movement down to the next support at 0.00471 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.00483 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The currency pair could go down.

Furthermore a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.00549
2nd High 0.00494
Next High 0.00483
Current Price 0.004680000
Next Low 0.00471
2nd Low 0.0047
3rd Low 0.00454

0.00483 – 0.00494 – 0.00486 – 0.00471 – 0.0047 – 0.00454 —
0.004830000 – 0.004830000 —
55.482561421058 – 40.540132469996 —
– —
0.00483 – 1770093000

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