GALA/USDT – 30M – SELL

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

A bearish movement down to the next support line at will continue.

Caution: A possible counter-trend in the direction of resistance at 0.00491 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.

Additionally a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.00491 – 0.0049 – 0.00549 – 0.00462 – 0.00434 – 0.00512 —
0.004820000 – 0.004780000 —
52.868145260761 – 52.052016291745 —
– —
0.00491 – 1769931000

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – – –