The combination Tron/Tether (TRX/USDT) jumps from the descending trendline up.
An ascending movement upwards to the next resistance at 0.2876 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.2801 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.2911 |
| Next High | 0.2876 |
| Current Price | 0.281500000 |
| Next Low | 0.2801 |
| 2nd Low | 0.2794 |
| 3rd Low | 0.2769 |
0.2876 – 0.2873 – 0.2911 – 0.2818 – 0.2846 – 0.2801 —
0.280700000 – 0.280300000 —
16.609766501794 – 38.341326112315 —
– —
0.2876 – 1772082000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –