GALA/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.015750000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.016820000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

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

Moreover a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.016820000 – 0.016730000 – 0.016980000 – 0.015750000 – 0.015670000 – 0.016080000 — 56.419394916215 – 55.240190460691

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Two Crows – – –