Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.00373384 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 0.00445 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00604 |
| 2nd High | 0.00496 |
| Next High | 0.00445 |
| Current Price | 0.004100000 |
| Next Low | 0.0034 |
| 2nd Low | 0.00259 |
| 3rd Low |
0.00445 – 0.00496 – 0.00494 – 0.0034 – 0.00455 – 0.0045 —
0.004180000 – 0.004230000 —
40.296828626803 – 48.851589105505 —
– —
0.00445 – 1770397200
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Double top chart pattern – –