Sell GALA/USDT – 4H – SELL

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

A continuation of the bearish trend down to the next support at 0.00318 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.00375 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

And also a ‘Matching Low’ candlestick pattern is existing. The candles show ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.00421
2nd High 0.00415
Next High 0.00375
Current Price 0.003330000
Next Low 0.00318
2nd Low 0.00259
3rd Low

0.00375 – 0.00415 – 0.00406 – 0.00318 – 0.00339 – 0.00336 —
0.003480000 – 0.003380000 —
51.140255258787 – 45.62890814092 —
– —
0.00375 – 1772640000

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