Sell TRX/USDT – 1H – SELL

The combination Tron/Tether (TRX/USDT) moves from the ascending trendline down.

A bearish descent downwards to the next support at 0.3242 is expected.

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

In addition a ‘Matching Low’ candlestick chart pattern is discovered. The chart forms ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.3342
2nd High 0.3318
Next High 0.3305
Current Price 0.328300000
Next Low 0.3242
2nd Low 0.3172
3rd Low 0.3154

0.3265 – 0.3196 – 0.319 – 0.3242 – 0.3172 – 0.3154 —
0.325100000 – 0.330400000 —
54.232158677242 – 77.955708318711 —
– —
0.3265 – 1783170000

Trading Signals:

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