Sell TRX/USDT – 30M – SELL

The currency pair Tron/Tether (TRX/USDT) jumps from the descending trendline downwards

A continuation of the downward movement down to the next support level at 0.2795 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.2825 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.2875
2nd High 0.2854
Next High 0.2825
Current Price 0.280900000
Next Low 0.2795
2nd Low 0.2762
3rd Low 0.2686

0.2825 – 0.2854 – 0.2825 – 0.2795 – 0.2795 – 0.2762 —
0.282100000 – 0.281800000 —
55.060049521155 – 44.946978780113 —
– —
0.2825 – 1771367400

Trading Signals:

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