TRX/USDT – 30M – SELL

The combination Tron/Tether (TRX/USDT) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support level at 0.3108 will persist.

Caution: A possible change in the direction of the resistance zone at 0.317 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘On Neck’ candlestick chart pattern is detected. The candles show ‘On Neck’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘On Neck’ heading down is 56% (Bull Market) & 58% (Bear Market).

0.317 – 0.323 – 0.3234 – 0.3108 – 0.3207 – 0.3214 —
0.316000000 – 0.315700000 —
41.106251203743 – 43.844942258511 —
– —
0.317 – 1781220600

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – On Neck – Rising Wedge Chart Pattern – –