The combination Tron/Tether (TRX/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.3093 is certain.
Caution: A possible change in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.
And also a ‘StochRSI %K crosses above 0.2’ indicator layout is discovered. The indicator shows ‘StochRSI %K crosses above 0.2’. this is usually a bullish signal. The currency pair could go up.
And also a ‘Hammer’ chart pattern is found. The chart forms ‘Hammer’. 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 likelyhood of ‘Hammer’ heading up is 60% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.3093 |
| Current Price | 0.302100000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.3093 – 0.2985 – 0.2991 – 0.2964 – 0.2959 – 0.2933 —
0.307400000 – 0.302600000 —
51.825934492316 – 31.815797988881 —
– —
0.3093 – 1773797400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Hammer – Rising Wedge Chart Pattern – –