Sell GALA/USDT – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.00373384 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 0.00445 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.00604
2nd High 0.00496
Next High 0.00445
Current Price 0.004100000
Next Low 0.0034
2nd Low 0.00259
3rd Low

0.00445 – 0.00496 – 0.00494 – 0.0034 – 0.00455 – 0.0045 —
0.004180000 – 0.004230000 —
40.296828626803 – 48.851589105505 —
– —
0.00445 – 1770397200

Trading Signals:

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