The combination Tron/Tether (TRX/USDT) jumps from the ascending trendline down.
The bearish trend down to the next support line at 0.3374 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.3461 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal 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.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.3461 |
| Current Price | 0.343300000 |
| Next Low | 0.3374 |
| 2nd Low | 0.3362 |
| 3rd Low | 0.3356 |
0.3461 – 0.342 – 0.3417 – 0.3374 – 0.3387 – 0.3362 —
0.344400000 – 0.344900000 —
50.652606978613 – 53.597536769898 —
– —
0.3461 – 1778007600