Sell GALA/USDT – 30M – SELL

The currency pair Gala/Tether (GALA/USDT) goes from the ascending trendline downwards

A descent downwards to the next support line at 0.00385 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.0041 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.00417
2nd High 0.00413
Next High 0.0041
Current Price 0.003890000
Next Low 0.00385
2nd Low 0.00382
3rd Low 0.0034

0.0041 – 0.00413 – 0.00417 – 0.00401 – 0.00401 – 0.00403 —
0.004030000 – 0.003960000 —
47.213274784351 – 25.621633227264 —
– —
0.0041 – 1771401600

Trading Signals:

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