GALA/USDT – 30M – SELL

The combination Gala/Tether (GALA/USDT) jumps from the bullish trendline downwards

A descending movement downwards to the next support level at 0.00385 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.00407 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Outside Down’ candle chart pattern is detected. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.00407 – 0.0041 – 0.00413 – 0.00401 – 0.00401 – 0.00403 —
0.003990000 – 0.003900000 —
37.778789454626 – 30.177839103731 —
– —
0.00407 – 1771428600

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – – –