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
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Black Crows – – –