Sell TRX/USDT – 4H – SELL

The combination Tron/Tether (TRX/USDT) moves from the ascending trendline down.

A bearish movement down to the next support at 0.279 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.2911 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Down’ candle pattern is existing. The chart forms ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.321
2nd High 0.311
Next High 0.2911
Current Price 0.285200000
Next Low 0.279
2nd Low 0.2783
3rd Low 0.2739

0.2881 – 0.2876 – 0.2911 – 0.279 – 0.2783 – 0.2801 —
0.286900000 – 0.290900000 —
60.318005034562 – 68.825213177206 —
– —
0.2881 – 1772668800

Trading Signals:

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