Sell GALA/USDT – 30M – SELL

The currency pair Gala/Tether (GALA/USDT) moves from the bullish trendline downwards

A bearish movement down to the next support level at 0.00353 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.00375 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.

Next a ‘StochRSI Hidden Bearish Divergence’ indicator layout is found. The indicator is ‘StochRSI Hidden Bearish Divergence’. this is usually a bearish chart scenario. The pair is likely to go down.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Next a ‘Three Outside Down’ candlestick pattern is existing. The candles show ‘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 probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00415
2nd High 0.00387
Next High 0.00375
Current Price 0.003570000
Next Low 0.00353
2nd Low 0.00352
3rd Low 0.00347

0.00375 – 0.0037 – 0.00362 – 0.00353 – 0.00352 – 0.00347 —
0.003620000 – 0.003650000 —
53.556993422966 – 56.701747593997 —
– —
0.00375 – 1772650800

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