TRX/USDT – 30M – SELL

The currency pair Tron/Tether (TRX/USDT) moves from the bullish trendline down.

A bearish trend downwards to the next support line at 0.3242 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.3305 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Down’ chart pattern is existing. The candles form ‘Three Outside Down’. which is a negative chart scenario. The 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).

0.3265 – 0.3265 – 0.3244 – 0.3242 – 0.3229 – 0.3172 —
0.329600000 – 0.329900000 —
83.828789274306 – 77.788097214677 —
– —
0.3265 – 1783195200

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