GALA/USDT – 1H – SELL

The combination Gala/Tether (GALA/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at 0.016460000 is certain.

Caution: A possible change in the direction of the resistance zone at 0.018370000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘RSI fall below 70’ indicator layout is existing. The indicator shows ‘RSI fall below 70’. which could be a negative signal. The pair is likely to go down.

Also there is a ‘StochRSI fall below 80’ indicator layout is existing. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Outside Down’ candlestick chart pattern is existing. The candles form ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.018370000 – 0.018280000 – 0.015590000 – 0.016460000 – 0.016550000 – 0.017110000 — 65.049846915605 – 55.935918001055

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – Triple bottom chart pattern – –