TRX/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at 0.312 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.3185 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Besides a ‘Three Inside Down’ chart pattern is existing. The candles show ‘Three Inside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.3185 – 0.323 – 0.3234 – 0.312 – 0.3108 – 0.3207 —
0.315900000 – 0.318200000 —
44.110107841363 – 65.332060504108 —
– —
0.3185 – 1781384400

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –