There is also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.00623 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 0.00681 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Outside Down’ candle pattern is existing. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00763 |
| 2nd High | 0.00682 |
| Next High | 0.00681 |
| Current Price | 0.006490000 |
| Next Low | 0.00623 |
| 2nd Low | 0.00582 |
| 3rd Low | 0.00572 |
0.00681 – 0.00678 – 0.00682 – 0.00623 – 0.00632 – 0.00649 —
0.006300000 – 0.006590000 —
32.920473516837 – 64.871448807232 —
– —
0.00681 – 1768912200
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three Outside Down – – –