GALA/USDT – 1H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support level at 0.0076 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.00795 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Two Crows’ chart pattern is detected. The candles show ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.00795 – 0.00811 – 0.00815 – 0.00776 – 0.00775 – 0.0076 — 40.912195091482 – 38.688676351896 — 21.001646808098 – 17.446478736801 – 15.186153895831 – 19.816590784333

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –