Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00354 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.00371 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00375 |
| 2nd High | 0.00372 |
| Next High | 0.00371 |
| Current Price | 0.003470000 |
| Next Low | 0.003360000 |
| 2nd Low | 0.00335 |
| 3rd Low |
0.00371 – 0.00365 – 0.00372 – 0.003360000 – 0.00357 – 0.00353 —
0.003400000 – 0.003440000 —
25.032580873617 – 40.415852028256 —
0.003360000 – 1773853200 —
0.00371 – 1773820800
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three White Soldiers – – –