TRX/USDT – 30M – BUY

The currency pair Tron/Tether (TRX/USDT) breaks through the descending trendline up.

A bullish movement upwards to the next resistance level at 0.2873 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 0.2833 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Outside Up’ chart pattern is found. The candles show ‘Three Outside Up’. which is a positive chart scenario. The currency 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’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.2873 – 0.2871 – 0.2881 – 0.2833 – 0.2844 – 0.2824 —
0.286600000 – 0.286800000 —
73.78039254157 – 67.963526833754 —
– —
0.2873 – 1772802000

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Up – – –