Sell GALA/USDT – 4H – SELL

The pair Gala/Tether (GALA/USDT) jumps from the bearish trendline down.

A continuation of the downtrend downwards to the next support level at is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.00415 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.00496
2nd High 0.00421
Next High 0.00415
Current Price 0.003550000
Next Low
2nd Low
3rd Low

0.00415 – 0.00406 – 0.00421 – 0.00336 – 0.0034 – 0.00372 —
0.003620000 – 0.003690000 —
43.35688009192 – 52.291110068182 —
– —
0.00415 – 1772049600

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