TRX/USDT – 4H – SELL

The pair Tron/Tether (TRX/USDT) moves from the ascending trendline downwards

A descending movement down to the next support at 0.3215 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.3438 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Tweezers Top’ candlestick pattern is existing. The candles form ‘Tweezers Top’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.3438 – 0.3263 – 0.3357 – 0.3215 – 0.3198 – 0.3263 —
0.340600000 – 0.346100000 —
76.969956029872 – 76.230587104738 —
– —
0.3438 – 1777780800

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Tweezers Top – – –