Sell GALA/USDT – 30M – SELL

The combination Gala/Tether (GALA/USDT) goes from the bullish trendline down.

A bearish trend downwards to the next support level at will continue.

Caution: A possible counter-trend in the direction of resistance at 0.00368 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

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

Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.00387
2nd High 0.00375
Next High 0.00368
Current Price 0.003560000
Next Low
2nd Low
3rd Low

0.00368 – 0.0035 – 0.00349 – 0.00355 – 0.00335 – 0.00337 —
0.003670000 – 0.003620000 —
60.111561642942 – 45.66197247703 —
– —
0.00368 – 1773648000

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