The pair Tron/Tether (TRX/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 0.3134 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.308 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.3134 |
| Current Price | 0.317000000 |
| Next Low | 0.308 |
| 2nd Low | 0.3077 |
| 3rd Low | 0.3028 |
0.3134 – 0.3116 – 0.313 – 0.308 – 0.308 – 0.3077 —
0.312700000 – 0.314900000 —
66.898210828474 – 71.101568410573 —
– —
0.3134 – 1774135800
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –