TRX/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.2824 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.2871 could happen.
Consider stop-loss settings accordingly.

Furthermore a ” indicator layout is discovered. The indicator is ”. which is often a bearish chart scenario. The currency pair is likely to fall.

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Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Tweezers Top’ chart pattern is existing. The candles form ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.2871 – 0.2881 – 0.288 – 0.2824 – 0.2837 – 0.279 —
0.285500000 – 0.286700000 —
63.265720547427 – 71.049324171063 —
– —
0.2871 – 1772744400

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Tweezers Top – – –