The currency pair Tron/Tether (TRX/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.3093 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.3028 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ” indicator signal is existing. The indicator is ”. this is usually a bullish signal. The currency pair could go up.
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Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.
Also there is a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.3093 |
| Current Price | 0.308900000 |
| Next Low | 0.3028 |
| 2nd Low | 0.2991 |
| 3rd Low | 0.2964 |
0.3048 – 0.3053 – 0.3044 – 0.3028 – 0.2991 – 0.3011 —
0.307200000 – 0.308100000 —
66.295077348729 – 68.07438671554 —
– —
0.3048 – 1773961200
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bullish Belt Hold – – –