GALA/USDT – 30M – SELL

Moreover a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.003395 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.00351 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Outside Down’ chart pattern is found. The candles show ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. 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).

0.00351 – 0.00345 – 0.00344 – 0.00328 – 0.00332 – 0.00334 —
0.003430000 – 0.003490000 —
59.958766766417 – 64.849581081389 —
– —
0.00351 – 1773153000

Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – – –