Buy TRX/USDT – 1H – BUY

The pair Tron/Tether (TRX/USDT) breaks through the ascending trendline up.

A continuation of the uptrend upwards to the next resistance line at 0.2875 is certain.

Caution: A possible trend reversal in the direction of the support line at 0.2769 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Next a ‘Three Outside Up’ candle pattern is discovered. The chart shows ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.2876
Next High 0.2875
Current Price 0.280800000
Next Low 0.2769
2nd Low 0.2762
3rd Low 0.2683

0.2805 – 0.2797 – 0.2788 – 0.2769 – 0.2762 – 0.2762 —
0.282400000 – 0.280700000 —
74.286311415601 – 52.967533755098 —
– —
0.2805 – 1770944400

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