Sell TRX/USDT – 30M – SELL

The currency pair Tron/Tether (TRX/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 0.3207 is expected.

Caution: A possible change in the direction of the resistance level at 0.323 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K falls below 0.8’ indicator signal is found. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.324
2nd High 0.3234
Next High 0.323
Current Price 0.315700000
Next Low 0.3207
2nd Low 0.3198
3rd Low 0.3192

0.323 – 0.3234 – 0.3231 – 0.3207 – 0.3214 – 0.3211 —
0.322600000 – 0.321600000 —
45.680484962429 – 33.298049612477 —
– —
0.323 – 1781172000

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