The pair Tron/Tether (TRX/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.3343 is considered certain.
Caution: A possible change in the direction of the support level at 0.3293 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The chart forms ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3357 |
| 2nd High | 0.3353 |
| Next High | 0.3343 |
| Current Price | 0.337600000 |
| Next Low | 0.3293 |
| 2nd Low | 0.3262 |
| 3rd Low | 0.3253 |
0.3343 – 0.3272 – 0.3269 – 0.3293 – 0.3262 – 0.3253 —
0.330100000 – 0.337800000 —
43.935744944495 – 66.226685264967 —
– —
0.3343 – 1777737600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bullish Engulfing – Rising Wedge Chart Pattern – –