GALA/USDT – 1H – SELL

Also there is a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Current target is 0.00382486 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 0.0041 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Concealing Baby Swallow’ candle chart pattern is found. The chart forms ‘Concealing Baby Swallow’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Concealing Baby Swallow’ going down is 75% (Bull Market).

0.0041 – 0.00413 – 0.00421 – 0.00372 – 0.00385 – 0.00401 —
0.003860000 – 0.003840000 —
51.17870852143 – 46.583645490281 —
– —
0.0041 – 1771401600

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Concealing Baby Swallow – – –