The currency pair Tron/Tether (TRX/USDT) moves from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.2854 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 0.2795 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.
Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Latter Bottom’ candle pattern is existing. The chart forms ‘Latter Bottom’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.2875 |
| Next High | 0.2854 |
| Current Price | 0.281500000 |
| Next Low | 0.2795 |
| 2nd Low | 0.2762 |
| 3rd Low | 0.2686 |
0.2854 – 0.2825 – 0.2805 – 0.2795 – 0.2762 – 0.2774 —
0.281100000 – 0.281200000 —
27.541373378881 – 35.705299110163 —
– —
0.2854 – 1771281000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Latter Bottom – Double top retreat up – –