TRX/USDT – 30M – BUYThe pair Tron/Tether (TRX/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.3301 is expected.
Caution: A possible change in the direction of the support level at 0.3265 could happen.
Consider stop-loss settings accordingly.
Next a ‘Bullish Engulfing’ candle chart pattern is existing. The candles form ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.3301 |
| Current Price | 0.329600000 |
| Next Low | 0.3265 |
| 2nd Low | 0.3234 |
| 3rd Low | 0.3192 |
0.3301 – 0.3282 – 0.3273 – 0.3265 – 0.3234 – 0.3255 —
0.330000000 – 0.329600000 —
70.614459544853 – 57.253713253819 —
– —
0.3301 – 1776524400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bullish Engulfing – Rising Wedge Chart Pattern – –