The combination Tron/Tether (TRX/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at is certain.
Caution: A possible change in the direction of support at 0.3489 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Inverted Hammer’ chart pattern is detected. The chart shows ‘Inverted Hammer’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Inverted Hammer’ going up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.362100000 |
| Next Low | 0.3489 |
| 2nd Low | 0.3469 |
| 3rd Low | 0.3215 |
0.3584 – 0.3556 – 0.3527 – 0.3489 – 0.3469 – 0.3215 —
0.356600000 – 0.361000000 —
53.306245249367 – 64.572780323331 —
– —
0.3584 – 1779105600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Inverted Hammer – Symmetrical Triangle Chart Pattern – –