The pair Tron/Tether (TRX/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.2762 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.2793 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.
Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2875 |
| 2nd High | 0.2796 |
| Next High | 0.2793 |
| Current Price | 0.277100000 |
| Next Low | 0.2762 |
| 2nd Low | 0.2686 |
| 3rd Low | 0.2683 |
0.2793 – 0.2796 – 0.2787 – 0.2774 – 0.2762 – 0.2686 —
0.280200000 – 0.277900000 —
67.651330492434 – 39.486318093763 —
– —
0.2793 – 1770613200