Sell GALA/USDT – 30M – SELL

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

A descent downwards to the next support level at 0.017720000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.018650000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.018790000
2nd High 0.018750000
Next High 0.018650000
Current Price 0.018250000
Next Low 0.017720000
2nd Low 0.016650000
3rd Low 0.016540000

0.018650000 – 0.018220000 – 0.017180000 – 0.017720000 – 0.016650000 – 0.016690000 — 52.909265680678 – 50.520025977268

Trading Signals:

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