GALA/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The pair Gala/Tether (GALA/USDT) jumps from the ascending trendline down.

A descent downwards to the next support line at 0.00256 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.0027 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

Then a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.00243 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 0.0027 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Outside Down’ candlestick pattern is detected. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. 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).

0.0027 – 0.00269 – 0.00302 – 0.00256 – 0.00243 – 0.00258 —
0.002620000 – 0.002610000 —
45.670616931686 – 50.322095624645 —
– —
0.0027 – 1780930800

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