Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 9.35 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 10.52 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.95 |
| 2nd High | 12.27 |
| Next High | 10.52 |
| Current Price | 9.570000000 |
| Next Low | 8.69 |
| 2nd Low | 8.42 |
| 3rd Low | 8.18 |
10.52 – 10.29 – 9.96 – 8.69 – 8.42 – 8.18 —
10.340000000 – 10.330000000 —
64.77215830665 – 58.49592272254 —
– —
10.52 – 1773633600
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –