Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 9 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 9.29 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.42 |
| 2nd High | 9.31 |
| Next High | 9.29 |
| Current Price | 9.070000000 |
| Next Low | 9 |
| 2nd Low | 8.74 |
| 3rd Low | 8.62 |
9.29 – 9.31 – 9.42 – 9 – 9.05 – 9.18 —
9.150000000 – 9.140000000 —
45.884934902127 – 44.292146620701 —
– —
9.29 – 1771345800
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –