TRX/USDT – 30M – SELL

The currency pair Tron/Tether (TRX/USDT) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support level at 0.2762 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.2793 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

And also a ‘Matching Low’ candle pattern is found. The chart forms ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.2793 – 0.2796 – 0.2787 – 0.2774 – 0.2762 – 0.2686 —
0.278800000 – 0.277600000 —
47.411478546492 – 32.557253451744 —
– —
0.2793 – 1770613200

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Matching Low – Double top chart pattern – –