The pair Tron/Tether (TRX/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.2804 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.2762 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Next a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2876 |
| 2nd High | 0.2875 |
| Next High | 0.2804 |
| Current Price | 0.280300000 |
| Next Low | 0.2762 |
| 2nd Low | 0.2683 |
| 3rd Low |
0.2797 – 0.2788 – 0.2804 – 0.2762 – 0.2764 – 0.2762 —
0.277600000 – 0.280100000 —
38.474726914526 – 65.967279122104 —
– —
0.2797 – 1770879600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – Double top retreat up – –