Sell GALA/USDT – 30M – SELL

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.00335 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.00345 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Falling Window’ candlestick pattern is detected. The chart shows ‘Falling Window’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00363
2nd High 0.00349
Next High 0.00345
Current Price 0.003370000
Next Low 0.00329
2nd Low 0.00325
3rd Low 0.0032

0.00345 – 0.00338 – 0.00339 – 0.00329 – 0.00331 – 0.00333 —
0.003440000 – 0.003420000 —
59.175042623354 – 53.244544198051 —
– —
0.00345 – 1779292800

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