The pair Tron/Tether (TRX/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at is certain.
Caution: A possible counter-trend in the direction of the support level at 0.3293 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.340000000 |
| Next Low | 0.3293 |
| 2nd Low | 0.3262 |
| 3rd Low | 0.3253 |
0.3343 – 0.3272 – 0.3269 – 0.3293 – 0.3262 – 0.3253 —
0.337100000 – 0.339400000 —
77.737812449025 – 70.594084826403 —
– —
0.3343 – 1777737600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –