Sell GALA/USDT – 30M – SELL

The currency pair Gala/Tether (GALA/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support line at 0.00266 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00277 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Tweezers Top’ chart pattern is found. The chart shows ‘Tweezers Top’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00281
2nd High 0.00278
Next High 0.00277
Current Price 0.002740000
Next Low 0.00266
2nd Low 0.00256
3rd Low 0.00247

0.00277 – 0.00278 – 0.00281 – 0.00266 – 0.00266 – 0.0027 —
0.002700000 – 0.002750000 —
34.289240848249 – 67.384799390575 —
– —
0.00277 – 1781661600

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