The currency pair Tron/Tether (TRX/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 0.2875 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.2762 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.2876 |
| Next High | 0.2875 |
| Current Price | 0.282400000 |
| Next Low | 0.2762 |
| 2nd Low | 0.2683 |
| 3rd Low |
0.2805 – 0.2797 – 0.2788 – 0.2762 – 0.2762 – 0.2764 —
0.277500000 – 0.280900000 —
40.985704546231 – 67.572797573311 —
– —
0.2805 – 1770944400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –