The combination Tron/Tether (TRX/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.2833 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.2873 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Additionally a ‘Three Outside Down’ chart pattern is detected. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2911 |
| 2nd High | 0.2881 |
| Next High | 0.2873 |
| Current Price | 0.286400000 |
| Next Low | 0.2833 |
| 2nd Low | 0.2824 |
| 3rd Low | 0.279 |
0.2873 – 0.2871 – 0.2881 – 0.2833 – 0.2824 – 0.279 —
0.286200000 – 0.286900000 —
69.338976013794 – 68.586951667713 —
– —
0.2873 – 1772802000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Down – – –