Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 9.4634 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 9.86 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Harami’ candle pattern is detected. The candles form ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.17 |
| 2nd High | 9.96 |
| Next High | 9.86 |
| Current Price | 9.580000000 |
| Next Low | 9.43 |
| 2nd Low | 9.31 |
| 3rd Low | 9.02 |
9.86 – 9.74 – 9.96 – 9.43 – 9.51 – 9.48 —
9.530000000 – 9.590000000 —
38.514689906853 – 56.602337095295 —
– —
9.86 – 1773235800
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Harami – – –