The currency pair Tron/Tether (TRX/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.2762 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.2797 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2875 |
| 2nd High | 0.2804 |
| Next High | 0.2797 |
| Current Price | 0.278200000 |
| Next Low | 0.2762 |
| 2nd Low | 0.2683 |
| 3rd Low |
0.2797 – 0.2788 – 0.2804 – 0.2762 – 0.2762 – 0.2764 —
0.279300000 – 0.279100000 —
60.85600395874 – 55.375283347793 —
– —
0.2797 – 1770879600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – – Rising Wedge Chart Pattern – –