Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.2683 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.2804 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.311 |
| 2nd High | 0.2875 |
| Next High | 0.2804 |
| Current Price | 0.278900000 |
| Next Low | 0.2739 |
| 2nd Low | 0.2683 |
| 3rd Low |
0.2804 – 0.2875 – 0.311 – 0.2739 – 0.2683 – 0.2952 —
0.277400000 – 0.280300000 —
48.13341597875 – 58.368507940296 —
– —
0.2804 – 1770681600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – – Symmetrical Triangle Chart Pattern – –