Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 9.13 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 8.98 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.84 |
| 2nd High | 9.48 |
| Next High | 8.98 |
| Current Price | 8.890000000 |
| Next Low | 8.42 |
| 2nd Low | 8.25 |
| 3rd Low | 8.18 |
8.98 – 9.48 – 9.84 – 8.42 – 8.78 – 9.31 —
8.750000000 – 8.750000000 —
50.463480620666 – 56.309186431053 —
– —
8.98 – 1772236800
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –