GALA/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A descending movement downwards to the next support line at will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.017180000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides 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 signal. The currency pair could go down.

Besides a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.017180000 – 0.017010000 – 0.017870000 – 0.016540000 – 0.016390000 – 0.016320000 — 49.060457885058 – 46.237071765096

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –