GALA/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 0.00401 will continue.

Caution: A possible change in the direction of the resistance level at 0.00413 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ candlestick pattern is discovered. The chart shows ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.00413 – 0.00421 – 0.00413 – 0.00401 – 0.00402 – 0.00402 —
0.004050000 – 0.004090000 —
45.369508585816 – 51.658202455105 —
– —
0.00413 – 1771344000

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Two Crows – Double bottom retreat down – –