In addition a ‘Double top chart pattern’ chart pattern is found. The formation shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to fall.
In addition a ‘StochRSI fall below 80’ indicator signal is found. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart signal. The currency pair could go down.
In addition a ‘Bearish Belt Hold’ candle chart pattern is detected. The candles form ‘Bearish Belt Hold’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 27.380000000 |
| Current Price | 21.930000000 |
| Next Low | 20.390000000 |
| 2nd Low | 17.500000000 |
| 3rd Low | 17.020000000 |
27.380000000 – 26.530000000 – 21.530000000 – 22.530000000 – 20.390000000 – 17.500000000 — 39.240768274342 – 32.38144262274
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Belt Hold – Double top chart pattern – –