Sell GALA/USDT – 1H – SELL

Next a ‘%K cross below 0.8’ indicator layout is discovered. The indicator shows ‘%K cross below 0.8’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.00619 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.00659 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.00682
2nd High 0.00681
Next High 0.00659
Current Price 0.006460000
Next Low 0.00619
2nd Low 0.00572
3rd Low 0.00259

0.00659 – 0.00681 – 0.00682 – 0.00619 – 0.00623 – 0.00657 —
0.006780000 – 0.006550000 —
60.634478961237 – 47.468586410427 —
– —
0.00659 – 1768964400

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