The combination Tron/Tether (TRX/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support at is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.2869 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.
Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2896 |
| 2nd High | 0.2876 |
| Next High | 0.2869 |
| Current Price | 0.285000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.2869 – 0.2876 – 0.2865 – 0.2845 – 0.2849 – 0.2859 —
0.285100000 – 0.285400000 —
41.858389117749 – 52.75995204887 —
– —
0.2869 – 1772114400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – – Rising Wedge Chart Pattern – –