Sell GALA/USDT – 1H – SELL

The pair Gala/Tether (GALA/USDT) moves from the descending trendline down.

A continuation of the bearish trend down to the next support at is expected.

Caution: A possible change in the direction of the resistance zone at 0.003310000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Besides a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.00352
Next High 0.003310000
Current Price 0.003190000
Next Low
2nd Low
3rd Low

0.003310000 – 0.00352 – 0.00352 – 0.00314 – 0.00329 – 0.0029 —
0.003310000 – 0.003260000 —
54.431705743784 – 51.475188704721 —
0.003310000 – 1776603600 —
– 1776603600

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