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 0.002579 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 0.00277 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bearish Harami’ candle pattern is found. The candles show ‘Bearish Harami’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00281 |
| 2nd High | 0.00278 |
| Next High | 0.00277 |
| Current Price | 0.002620000 |
| Next Low | 0.00259 |
| 2nd Low | 0.00253 |
| 3rd Low | 0.00252 |
0.00277 – 0.00275 – 0.00267 – 0.00268 – 0.00259 – 0.00253 —
0.002630000 – 0.002600000 —
26.056753109916 – 37.756104047438 —
– —
0.00277 – 1782003600
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bearish Harami – – –