And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart 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 certain. Target of the current trend is 12.37 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 12.73 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.86 |
| 2nd High | 12.76 |
| Next High | 12.73 |
| Current Price | 12.180000000 |
| Next Low | 11.88 |
| 2nd Low | 11.84 |
| 3rd Low | 11.26 |
12.73 – 12.39 – 12.76 – 11.88 – 11.97 – 12.06 —
12.410000000 – 12.210000000 —
41.560370110369 – 26.425099590306 —
– —
12.73000 – 1769031000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –