Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.
Additionally a ‘Bearish Engulfing’ candle pattern is found. The chart shows ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.34 |
| 2nd High | 9.84 |
| Next High | 9.43 |
| Current Price | 8.960000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
9.43 – 9.84 – 9.45 – 8.42 – 8.18 – 8.66 —
9.200000000 – 9.050000000 —
56.372873836626 – 45.314356972809 —
– —
9.43 – 1772330400
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Engulfing – – –