Sell GALA/USDT – 30M – SELL

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00335 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.00371 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Outside Down’ candle chart pattern is found. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00375
2nd High 0.00372
Next High 0.00371
Current Price 0.003400000
Next Low 0.00335
2nd Low 0.00329
3rd Low 0.00328

0.00371 – 0.00365 – 0.00372 – 0.00357 – 0.00353 – 0.00355 —
0.003410000 – 0.003460000 —
21.936950400125 – 38.782224157424 —
– —
0.00371 – 1773820800

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