Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.00345204 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 0.00366 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00415 |
| 2nd High | 0.00375 |
| Next High | 0.00366 |
| Current Price | 0.003520000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00366 – 0.00375 – 0.00362 – 0.00339 – 0.00343 – 0.0034 —
0.003610000 – 0.003580000 —
44.688257687585 – 48.614331117345 —
– —
0.00366 – 1772704800
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –