TRX/USDT – 4H – SELL

The combination Tron/Tether (TRX/USDT) jumps from the descending trendline down.

A continuation of the downtrend down to the next support line at is likely expected.

Caution: A possible change in the direction of resistance at 0.2881 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘Three Outside Down’ candle chart pattern is existing. The candles form ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.2881 – 0.2876 – 0.2911 – 0.279 – 0.2783 – 0.2801 —
0.285200000 – 0.287100000 —
53.637958670137 – 62.340067303385 —
– —
0.2881 – 1772668800

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –