GALA/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support line at 0.0034 will continue.

Caution: A possible change in the direction of resistance at 0.00496 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Down’ candlestick pattern is discovered. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.00496 – 0.00685 – 0.00777 – 0.0034 – 0.00434 – 0.00619 —
0.003990000 – 0.004350000 —
21.736348587745 – 42.578982589079 —
– —
0.00496 – 1770148800

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – Double top chart pattern – –