TRX/USDT – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.2881 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.2873 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2911 |
| 2nd High | 0.2881 |
| Next High | 0.2873 |
| Current Price | 0.286700000 |
| Next Low | 0.2833 |
| 2nd Low | 0.2824 |
| 3rd Low | 0.279 |
0.2873 – 0.2871 – 0.2881 – 0.2833 – 0.2824 – 0.279 —
0.284400000 – 0.286200000 —
47.306722805659 – 60.776536208364 —
– —
0.2873 – 1772802000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Up – – –