Sell GALA/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support at 0.00309 will persist.

Caution: A possible change in the direction of the resistance line at 0.00322 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.

Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.00309708 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 0.00322 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.00327
2nd High 0.00323
Next High 0.00322
Current Price 0.003120000
Next Low 0.00309
2nd Low 0.00305
3rd Low 0.0029

0.00322 – 0.00323 – 0.00327 – 0.00309 – 0.00305 – 0.00309 —
0.003140000 – 0.003180000 —
47.364891292531 – 54.850311426978 —
– —
0.00322 – 1777870800

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