Then a ‘StochRSI %K crosses above 0.2’ indicator layout is detected. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 9.05 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 9.19 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.3 |
| 2nd High | 9.26 |
| Next High | 9.19 |
| Current Price | 8.960000000 |
| Next Low | 8.72 |
| 2nd Low | 7.55 |
| 3rd Low |
9.19 – 9.26 – 9.3 – 8.72 – 9 – 9.07 —
9.090000000 – 9.040000000 —
53.568307975244 – 39.396693749354 —
– —
9.19 – 1770658200
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Belt Hold – – –