In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.
In addition a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.00313 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.00326 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bearish Belt Hold’ candlestick chart pattern is found. The candles show ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00335 |
| 2nd High | 0.00327 |
| Next High | 0.00326 |
| Current Price | 0.003190000 |
| Next Low | 0.00313 |
| 2nd Low | 0.0031 |
| 3rd Low | 0.00299 |
0.00326 – 0.00327 – 0.00327 – 0.00313 – 0.00314 – 0.0031 —
0.003260000 – 0.003220000 —
68.755976348206 – 49.856609752333 —
– —
0.00326 – 1774441800
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bearish Belt Hold – – –