Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.0028 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.00305 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles form ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00308 |
| 2nd High | 0.00306 |
| Next High | 0.00305 |
| Current Price | 0.002840000 |
| Next Low | 0.002800000 |
| 2nd Low | |
| 3rd Low |
0.00305 – 0.00306 – 0.00297 – 0.002800000 – 0.00283 – 0.00292 —
0.002830000 – 0.002890000 —
31.119217973827 – 57.152086595026 —
0.002800000 – 1775136600 —
0.00305 – 1775046600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – – –