The combination Tron/Tether (TRX/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 0.2909 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.279 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
Moreover a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.311 |
| 2nd High | 0.2911 |
| Next High | 0.2909 |
| Current Price | 0.287000000 |
| Next Low | 0.279 |
| 2nd Low | 0.2783 |
| 3rd Low | 0.2739 |
0.2909 – 0.2881 – 0.2876 – 0.279 – 0.2783 – 0.2801 —
0.286300000 – 0.286000000 —
49.7614731576 – 50.189445771599 —
– —
0.2909 – 1773014400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –