GALA/USDT – 30M – SELL

The combination Gala/Tether (GALA/USDT) goes from the bearish trendline down.

A continuation of the downtrend down to the next support level at is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.016210000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. 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).

0.016210000 – 0.016450000 – 0.016380000 – 0.015830000 – 0.015440000 – 0.015670000 — 46.860031742779 – 41.246502755328

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Double top chart pattern – –