Sell TRX/USDT – 1H – SELL

The combination Tron/Tether (TRX/USDT) goes from the bearish trendline down.

A continuation of the downtrend downwards to the next support level at 0.2762 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.2804 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.2876
2nd High 0.2875
Next High 0.2804
Current Price 0.278900000
Next Low 0.2762
2nd Low 0.2683
3rd Low

0.2797 – 0.2788 – 0.2804 – 0.2762 – 0.2762 – 0.2764 —
0.277800000 – 0.280400000 —
49.635851959028 – 56.287118609642 —
– —
0.2797 – 1770879600

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