GALA/USDT – 30M – SELL

The combination Gala/Tether (GALA/USDT) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support line at 0.00347 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.0037 could happen.
Consider stop-loss settings accordingly.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

In addition a ‘Last Engulfing Top’ candle chart pattern is existing. The candles show ‘Last Engulfing Top’. 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 likelyhood of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

0.0037 – 0.00362 – 0.00371 – 0.00347 – 0.00339 – 0.00347 —
0.003610000 – 0.003660000 —
51.469758306057 – 64.087040999579 —
– —
0.0037 – 1772616600

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Last Engulfing Top – – –