TRX/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.3175 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.323 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Down’ chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.323 – 0.3185 – 0.3179 – 0.3168 – 0.3155 – 0.3148 —
0.322300000 – 0.320900000 —
66.556345816039 – 59.48080631361 —
– —
0.323 – 1781479800

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Down – – –