The currency pair Tron/Tether (TRX/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.3438 will persist.
Caution: A possible trend reversal in the direction of support at 0.3293 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.
There is also a ‘Bearish SBS White Lines’ candle pattern is discovered. The candles form ‘Bearish SBS White Lines’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.3438 |
| Current Price | 0.339800000 |
| Next Low | 0.3293 |
| 2nd Low | 0.3253 |
| 3rd Low | 0.3215 |
0.3438 – 0.3343 – 0.3275 – 0.3293 – 0.3253 – 0.3215 —
0.339000000 – 0.340400000 —
56.346197333577 – 58.56696702758 —
– —
0.3438 – 1777784400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bearish SBS White Lines – – –