GALA/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 0.00334 is expected.

Caution: A possible change in the direction of the resistance level at 0.00359 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.

Next a ‘Three Outside Down’ candle pattern is existing. The chart shows ‘Three Outside Down’. which is a negative signal. 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).

0.00359 – 0.00366 – 0.00375 – 0.00334 – 0.00335 – 0.0035 —
0.003390000 – 0.003380000 —
45.307307927692 – 44.542208371335 —
– —
0.00359 – 1772782200

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