The pair Tron/Tether (TRX/USDT) goes from the bullish trendline downwards
A bearish trend downwards to the next support level at 0.3551 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Matching Low’ candle pattern is found. The chart shows ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.362100000 |
| Next Low | 0.3551 |
| 2nd Low | 0.3541 |
| 3rd Low | 0.3538 |
0.3578 – 0.3584 – 0.3575 – 0.3551 – 0.3541 – 0.3538 —
0.360900000 – 0.363700000 —
70.80763928272 – 75.61490853687 —
– —
0.3578 – 1779156000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –