GALA/USDT – 30M – SELL

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

A descending movement down to the next support line at 0.00247 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.00265 is also possible.
Consider stop-loss settings accordingly.

In addition a ” indicator signal is discovered. The indicator is ”. which is often a bearish chart signal. The currency pair is likely to fall.

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In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Bearish Engulfing’ candle pattern is existing. The candles show ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

0.00264 – 0.00261 – 0.00265 – 0.00247 – 0.0025 – 0.00254 —
0.002560000 – 0.002650000 —
50.139187649375 – 67.501825394839 —
– —
0.00264 – 1781105400

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bearish Engulfing – – –