AVAX/USDT – 30M – BUYCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 9.2 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 9.66 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Matching Low’ candlestick chart pattern is found. The candles form ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.8 |
| 2nd High | 9.73 |
| Next High | 9.66 |
| Current Price | 9.440000000 |
| Next Low | 9.37 |
| 2nd Low | 8.74 |
| 3rd Low | 8.66 |
9.66 – 8.95 – 9.11 – 9.37 – 8.74 – 8.78 —
9.410000000 – 9.470000000 —
59.787174690991 – 63.440111343547 —
– —
9.66 – 1775442600
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Matching Low – – –