Sell GALA/USDT – 4H – SELL

In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.00619908 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.00775 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.00815
2nd High 0.00796
Next High 0.00775
Current Price 0.006620000
Next Low 0.00572
2nd Low 0.00259
3rd Low

0.00775 – 0.00743 – 0.00643 – 0.00691 – 0.00677 – 0.00699 —
0.007090000 – 0.006840000 —
42.043364442511 – 35.363937540824 —
– —
0.00775 – 1768334400

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