Sell GALA/USDT – 4H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The currency pair Gala/Tether (GALA/USDT) moves from the ascending trendline downwards

A bearish trend downwards to the next support level at 0.015960000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.017950000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Three Outside Down’ candle pattern is found. The chart forms ‘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 probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.020970000
2nd High 0.019150000
Next High 0.017950000
Current Price 0.015830000
Next Low 0.015960000
2nd Low 0.014810000
3rd Low 0.013610000

0.017950000 – 0.019150000 – 0.018370000 – 0.015960000 – 0.016460000 – 0.014810000 — 39.21337165196 – 35.26245341542

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