TRX/USDT – 30M – SELL

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

A bearish descent downwards to the next support at 0.3362 is considered certain.

Caution: A possible change in the direction of resistance at 0.3409 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Then a ‘Bearish Engulfing’ candle chart pattern is found. The candles form ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

0.3409 – 0.3399 – 0.3438 – 0.3362 – 0.3375 – 0.3356 —
0.338300000 – 0.340800000 —
43.655768676761 – 60.818227840805 —
– —
0.3409 – 1777890600

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bearish Engulfing – – –