Sell GALA/USDT – 4H – SELL

The currency pair Gala/Tether (GALA/USDT) moves from the bullish trendline down.

A descending movement downwards to the next support line at 0.00312 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.00334 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Two Crows’ chart pattern is discovered. The candles show ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00372
2nd High 0.00352
Next High 0.00334
Current Price 0.003600000
Next Low 0.00312
2nd Low 0.00287
3rd Low 0.00277

0.00334 – 0.00352 – 0.00307 – 0.00312 – 0.00314 – 0.00287 —
0.003250000 – 0.003840000 —
51.729623714682 – 78.138330190798 —
– —
0.00334 – 1776873600

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