The currency pair Tron/Tether (TRX/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 0.2875 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.2739 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
There is also a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.321 |
| 2nd High | 0.311 |
| Next High | 0.2875 |
| Current Price | 0.286800000 |
| Next Low | 0.2739 |
| 2nd Low | 0.2683 |
| 3rd Low |
0.2854 – 0.2804 – 0.2875 – 0.2739 – 0.2683 – 0.2952 —
0.282200000 – 0.285500000 —
52.053933518409 – 60.358099543503 —
– —
0.2854 – 1771272000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –