Then a ‘Head and Shoulder chart pattern’ chart layout is detected. The chart picture shows ‘Head and Shoulder chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
Then a ‘Gapping Down Doji’ candle pattern is existing. The chart shows ‘Gapping Down Doji’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Gapping Down Doji’ heading down is 57% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.76 |
| 2nd High | 12.86 |
| Next High | 12.76 |
| Current Price | 12.470000000 |
| Next Low | 12.09 |
| 2nd Low | 12.03 |
| 3rd Low | 11.89 |
12.76 – 12.86 – 12.84 – 12.63 – 12.62 – 12.09 —
12.560000000 – 12.540000000 —
34.657735210283 – 35.231634744884 —
– —
12.76000 – 1768887000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Gapping Down Doji – Head and Shoulder chart pattern – –