Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 9.185 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 9.25 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.45 |
| 2nd High | 9.27 |
| Next High | 9.25 |
| Current Price | 9.060000000 |
| Next Low | 8.92 |
| 2nd Low | 8.46 |
| 3rd Low | 8.37 |
9.25 – 9.27 – 9.21 – 9.06 – 9.06 – 8.92 —
9.220000000 – 9.060000000 —
63.922899061599 – 37.651647555519 —
– —
9.25 – 1777755600
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –