Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.001967 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.00219 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bearish Harami’ candle chart pattern is detected. The candles show ‘Bearish Harami’. which is a bearish 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 ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00277 |
| 2nd High | 0.0026 |
| Next High | 0.00219 |
| Current Price | 0.002113000 |
| Next Low | 0.001967000 |
| 2nd Low | |
| 3rd Low |
0.00219 – 0.0026 – 0.00233 – 0.001967000 – 0.00204 – 0.00219 —
0.002016000 – 0.002078000 —
39.066362581313 – 51.140879520181 —
0.001967000 – 1784188800 —
0.00219 – 1783728000
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Bearish Harami – – –