TRX/USDT – 1H – BUY

The pair Tron/Tether (TRX/USDT) breaks through the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 0.2906 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 0.2885 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.

In addition a ‘Bullish Separating Lines’ candlestick chart pattern is detected. The chart forms ‘Bullish Separating Lines’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).

0.2906 – 0.292 – 0.2865 – 0.2885 – 0.2886 – 0.2836 —
0.292300000 – 0.294100000 —
68.876655021819 – 79.880421407937 —
– —
0.2906 – 1773363600

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bullish Separating Lines – Rising Wedge Chart Pattern – –