And also a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative 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 persist. Current target is 8.85478 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 9.29 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.51 |
| 2nd High | 9.46 |
| Next High | 9.29 |
| Current Price | 9.020000000 |
| Next Low | 8.69 |
| 2nd Low | 8.42 |
| 3rd Low | 8.25 |
9.29 – 8.99 – 9.02 – 8.69 – 8.82 – 8.79 —
9.250000000 – 9.120000000 —
60.242081961689 – 54.726973962047 —
– —
9.29 – 1773036000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –