Sell GALA/USDT – 1H – SELL

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.0034 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 0.003620000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.0041
2nd High 0.00406
Next High 0.003620000
Current Price 0.003510000
Next Low 0.0034
2nd Low 0.00259
3rd Low

0.003620000 – 0.00355 – 0.00406 – 0.0034 – 0.00372 – 0.00372 —
0.003620000 – 0.003560000 —
52.674098223964 – 53.817993335679 —
0.003620000 – 1771981200 —
– 1771981200

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