GALA/USDT – 1H – SELL

The currency pair Gala/Tether (GALA/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at 0.0034 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.00415 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Three Outside Down’ candlestick chart pattern is existing. The candles form ‘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 probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.00415 – 0.00418 – 0.00445 – 0.00396 – 0.00397 – 0.0034 —
0.003910000 – 0.003930000 —
23.565378024332 – 48.839185263017 —
– —
0.00415 – 1770685200

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –