And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 12.62872 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 12.73 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.86 |
| 2nd High | 12.76 |
| Next High | 12.73 |
| Current Price | 12.450000000 |
| Next Low | 11.88 |
| 2nd Low | 11.84 |
| 3rd Low | 11.26 |
12.73 – 12.39 – 12.76 – 11.88 – 11.97 – 12.06 —
12.530000000 – 12.470000000 —
55.021698676022 – 45.165661889515 —
– —
12.73000 – 1769031000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –