TRX/USDT – 1H – BUY

The currency pair Tron/Tether (TRX/USDT) breaks through the bearish trendline up.

An ascent upwards to the next resistance line at 0.2797 is considered certain.

Caution: A possible trend reversal in the direction of support at should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 0.2804 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.2797 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three White Soldiers’ candlestick pattern is found. The chart shows ‘Three White Soldiers’. which 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 White Soldiers’ going up is 82%.

0.2797 – 0.2788 – 0.2804 – 0.2762 – 0.2764 – 0.2762 —
0.278600000 – 0.277800000 —
54.84687206618 – 49.635852257148 —
– —
0.2797 – 1770879600

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –