The pair Tron/Tether (TRX/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.3519 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.349100000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.
And also a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The pair is likely to go up.
And also a ‘StochRSI Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The pair is likely to go up.
And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.3520662 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.3519 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.3535 |
| Next High | 0.3519 |
| Current Price | 0.351000000 |
| Next Low | 0.349100000 |
| 2nd Low | 0.3485 |
| 3rd Low | 0.3468 |
0.3519 – 0.3535 – 0.3508 – 0.349100000 – 0.3485 – 0.3498 —
0.350700000 – 0.350200000 —
39.628760132327 – 46.02128064285 —
0.349100000 – 1778457600 —
0.3519 – 1778436900
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –