Next a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 12.37 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 12.73 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘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 | 12.160000000 |
| Next Low | 12.040000000 |
| 2nd Low | 11.88 |
| 3rd Low |
12.73 – 12.39 – 12.76 – 12.040000000 – 11.88 – 11.97 —
12.210000000 – 12.180000000 —
26.425099336651 – 36.992511837098 —
12.040000000 – 1769094000 —
12.73000 – 1769031000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –