TRX/USDT – 30M – SELL

The currency pair Tron/Tether (TRX/USDT) jumps from the bullish trendline down.

A bearish movement down to the next support level at 0.2836 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.2916 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Also there is a ‘Last Engulfing Top’ candle pattern is existing. The chart forms ‘Last Engulfing Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

0.2916 – 0.2864 – 0.2865 – 0.2836 – 0.2852 – 0.2843 —
0.291000000 – 0.291300000 —
67.006124168399 – 65.713372240469 —
– —
0.2916 – 1773248400

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Last Engulfing Top – – –