Sell GALA/USDT – 1H – SELL

The combination Gala/Tether (GALA/USDT) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support level at 0.00634 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.00681 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. 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 0.00763
2nd High 0.00682
Next High 0.00681
Current Price 0.006440000
Next Low 0.00634
2nd Low 0.00572
3rd Low 0.00259

0.00681 – 0.00682 – 0.00763 – 0.00657 – 0.00634 – 0.00691 —
0.006430000 – 0.006590000 —
41.198028118245 – 49.595924900099 —
– —
0.00681 – 1768910400

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