Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.002645 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.00277 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00281 |
| 2nd High | 0.00278 |
| Next High | 0.00277 |
| Current Price | 0.002620000 |
| Next Low | 0.00252 |
| 2nd Low | 0.00247 |
| 3rd Low | 0.00243 |
0.00277 – 0.00258 – 0.00277 – 0.00252 – 0.00252 – 0.00259 —
0.002670000 – 0.002600000 —
41.436705718035 – 27.514772350825 —
– —
0.00277 – 1782003600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Up – – –