The currency pair Tron/Tether (TRX/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 0.3526 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.3294 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3775 |
| 2nd High | 0.3543 |
| Next High | 0.3526 |
| Current Price | 0.335000000 |
| Next Low | 0.3294 |
| 2nd Low | 0.3293 |
| 3rd Low | 0.3253 |
0.3526 – 0.3507 – 0.3497 – 0.3294 – 0.3453 – 0.342 —
0.333600000 – 0.332700000 —
36.403740957373 – 36.69789391181 —
– —
0.3526 – 1780290000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –