The currency pair Tron/Tether (TRX/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.3468 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.351900000 |
| Next Low | 0.3468 |
| 2nd Low | 0.3439 |
| 3rd Low | 0.3419 |
0.3508 – 0.3498 – 0.3473 – 0.3468 – 0.3475 – 0.3439 —
0.353200000 – 0.351300000 —
77.322010112551 – 53.112284206144 —
– —
0.3508 – 1778260500
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –