Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Current target is 0.00306082 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 0.00314 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bearish Harami’ candlestick chart pattern is found. The candles show ‘Bearish Harami’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00327 |
| 2nd High | 0.00326 |
| Next High | 0.00314 |
| Current Price | 0.003070000 |
| Next Low | 0.00277 |
| 2nd Low | 0.00268 |
| 3rd Low | 0.00259 |
0.00314 – 0.003 – 0.00294 – 0.00277 – 0.0028 – 0.00285 —
0.003120000 – 0.003070000 —
68.208577399629 – 57.018021930129 —
– —
0.00314 – 1775606400
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bearish Harami – – –