GALA/USDT – 1H – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

The bearish trend downwards to the next support line at 0.00314 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.00334 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.00312 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.00334 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

0.00334 – 0.00332 – 0.00325 – 0.00314 – 0.00312 – 0.00318 —
0.003220000 – 0.003190000 —
38.521964697559 – 40.082376854452 —
– —
0.00334 – 1776880800

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – – Rising Wedge Chart Pattern – –