TRX/USDT – 30M – SELL

The pair Tron/Tether (TRX/USDT) jumps from the bullish trendline down.

A descending movement downwards to the next support at 0.3293 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 0.3438 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘Three Inside Down’ candle chart pattern is found. The candles form ‘Three Inside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.3438 – 0.3343 – 0.3272 – 0.3293 – 0.3262 – 0.3253 —
0.337700000 – 0.338600000 —
54.405713535369 – 62.183969679441 —
– —
0.3438 – 1777786200

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Inside Down – – –