GALA/USDT – 4H – SELL

The combination Gala/Tether (GALA/USDT) moves from the bullish trendline downwards

A bearish movement down to the next support at 0.00728 is considered certain.

Caution: A possible change in the direction of resistance at 0.00815 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘%K fall below 80’ indicator layout is discovered. The indicator is ‘%K fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.

Moreover a ‘Matching Low’ chart pattern is found. The candles show ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.00815 – 0.00955 – 0.01089 – 0.00728 – 0.007 – 0.00827 — 42.640427349055 – 42.230995253498 — 3.6182696732628 – 0 – 4.5778790436528 – 2.4121797821752

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Matching Low – – –