GALA/USDT – 30M – SELL

The combination Gala/Tether (GALA/USDT) moves from the descending trendline down.

A continuation of the bearish trend downwards to the next support at 0.00301 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.00319 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

In addition a ‘Three Outside Down’ candle chart pattern is existing. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.00319 – 0.00315 – 0.00318 – 0.00301 – 0.00309 – 0.00297 —
0.003160000 – 0.003190000 —
70.748882568718 – 66.533600839761 —
– —
0.00319 – 1780268400

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – – –