In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 6.77407 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 6.88 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.022 |
| 2nd High | 7.018 |
| Next High | 6.88 |
| Current Price | 6.818000000 |
| Next Low | 6.613 |
| 2nd Low | 6.561 |
| 3rd Low | 6.427 |
6.88 – 6.814 – 6.727 – 6.613 – 6.561 – 6.427 —
6.763000000 – 6.872000000 —
51.843874265184 – 64.89714785823 —
– —
6.88 – 1782997200
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Rising Wedge Chart Pattern – –