And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.
And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 9.27828 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 9.29 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Outside Up’ candlestick pattern is detected. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.51 |
| 2nd High | 9.46 |
| Next High | 9.29 |
| Current Price | 9.140000000 |
| Next Low | 8.69 |
| 2nd Low | 8.42 |
| 3rd Low | 8.25 |
9.29 – 8.99 – 9.02 – 8.69 – 8.82 – 8.79 —
9.090000000 – 9.080000000 —
57.025660308105 – 49.328367524903 —
– —
9.29 – 1773036000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Up – – –