TRX/USDT – 30M – SELL

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.277004 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.2788 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Tweezers Bottom’ candlestick chart pattern is discovered. The chart shows ‘Tweezers Bottom’. 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 success rate of a ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).

0.2788 – 0.2793 – 0.2796 – 0.2762 – 0.2774 – 0.2762 —
0.276500000 – 0.275100000 —
26.628107719731 – 24.445356904628 —
– —
0.2788 – 1770762600

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Tweezers Bottom – – –