The pair Tron/Tether (TRX/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 0.2788 will continue.
Caution: A possible trend reversal in the direction of support at is also possible.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
And also a ‘Three Outside Up’ candlestick chart pattern is found. The chart shows ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2875 |
| 2nd High | 0.2804 |
| Next High | 0.2788 |
| Current Price | 0.277500000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.2788 – 0.2804 – 0.2796 – 0.2762 – 0.2764 – 0.2762 —
0.274200000 – 0.277400000 —
26.115798307129 – 57.713217472954 —
– —
0.2788 – 1770760800
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Up – – –