Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 6.906044 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 6.823 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.115 |
| 2nd High | 7.088 |
| Next High | 6.823 |
| Current Price | 6.785000000 |
| Next Low | 6.348 |
| 2nd Low | 6.317 |
| 3rd Low | 6.27 |
6.483 – 6.458 – 6.823 – 6.348 – 6.317 – 6.351 —
6.500000000 – 6.655000000 —
46.82249741677 – 73.118435289609 —
– —
6.483 – 1783535400
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –