TRX/USDT – 30M – SELLThe currency pair Tron/Tether (TRX/USDT) goes from the bullish trendline down.
A bearish descent down to the next support level at 0.2783 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.2836 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.2799 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.2836 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2869 |
| 2nd High | 0.2855 |
| Next High | 0.2836 |
| Current Price | 0.279100000 |
| Next Low | 0.2783 |
| 2nd Low | 0.2762 |
| 3rd Low | 0.2686 |
0.2836 – 0.2832 – 0.2821 – 0.2802 – 0.2799 – 0.2807 —
0.280900000 – 0.280700000 —
43.590928540963 – 40.114920321263 —
– —
0.2836 – 1772496000