Sell GALA/USDT – 1H – SELL

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:

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