GALA/USDT – 30M – SELL

The pair Gala/Tether (GALA/USDT) jumps from the ascending trendline down.

A bearish movement down to the next support line at 0.00526 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.00549 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Matching Low’ candlestick chart pattern is found. The chart forms ‘Matching Low’. which is a bullish chart scenario. 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’ heading up is 61% (Bull & Bear Market).

0.00549 – 0.00549 – 0.00604 – 0.00526 – 0.00523 – 0.00537 —
0.005350000 – 0.005310000 —
42.757307051373 – 39.266998718215 —
– —
0.00549 – 1769797800

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