GALA/USDT – 4H – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A bearish trend downwards to the next support line at is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.019150000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘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 likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.019150000 – 0.018370000 – 0.018720000 – 0.016460000 – 0.014810000 – 0.016470000 — 41.378781001327 – 36.90056971299

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