GALA/USDT – 1H – SELL

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.00403 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.00421 could happen.
Consider stop-loss settings accordingly.

Moreover a ‘Bearish Harami’ candlestick pattern is discovered. The candles form ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

0.00421 – 0.00413 – 0.00407 – 0.00402 – 0.00402 – 0.00385 —
0.004100000 – 0.004140000 —
49.210473389927 – 51.881157028242 —
– —
0.00421 – 1771246800

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bearish Harami – Rising Wedge Chart Pattern – –