GALA/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 0.00523 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.00604 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish chart scenario. 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%.

0.00604 – 0.00617 – 0.00659 – 0.00526 – 0.00523 – 0.00537 —
0.005240000 – 0.005010000 —
25.288404673743 – 12.099292939731 —
– —
0.00604 – 1769641200

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – – –