The pair Tron/Tether (TRX/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 0.3498 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.347500000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.
Also there is a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.3498 |
| Current Price | 0.349200000 |
| Next Low | 0.347500000 |
| 2nd Low | 0.3439 |
| 3rd Low | 0.3419 |
0.3498 – 0.3473 – 0.3475 – 0.347500000 – 0.3439 – 0.3419 —
0.349500000 – 0.349300000 —
53.92287262157 – 58.269403303049 —
0.347500000 – 1778184000 —
0.3498 – 1778175000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bullish Belt Hold – – –