Next a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 9.08988 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 9.31 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Outside Down’ candlestick chart pattern is detected. The candles form ‘Three Outside Down’. this is a bearish chart scenario. 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 | 9.48 |
| 2nd High | 9.42 |
| Next High | 9.31 |
| Current Price | 9.180000000 |
| Next Low | 9 |
| 2nd Low | 8.74 |
| 3rd Low | 8.62 |
9.31 – 9.42 – 9.34 – 9 – 9.05 – 9.18 —
9.120000000 – 9.260000000 —
35.994936547872 – 58.048998931751 —
– —
9.31 – 1771279200
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Down – – –