GALA/USDT – 30M – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

The currency pair Gala/Tether (GALA/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support line at 0.00776 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.00795 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Last Engulfing Top’ candlestick pattern is discovered. The chart forms ‘Last Engulfing Top’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

0.00795 – 0.00811 – 0.00815 – 0.00776 – 0.00778 – 0.00775 — 49.776453098245 – 43.277049887078 — 47.017701380808 – 55.044754075906 – 30.912000854299 – 42.959634857679

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –