Sell GALA/USDT – 30M – SELL

The pair Gala/Tether (GALA/USDT) goes from the descending trendline down.

A continuation of the downtrend down to the next support level at 0.017260000 will persist.

Caution: A possible change in the direction of resistance at 0.018650000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.018940000
2nd High 0.018790000
Next High 0.018650000
Current Price 0.017720000
Next Low 0.017260000
2nd Low 0.015600000
3rd Low 0.015360000

0.018650000 – 0.018790000 – 0.018940000 – 0.017260000 – 0.018220000 – 0.017980000 — 52.156536480008 – 44.119108515394

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