The currency pair Tron/Tether (TRX/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support level at 0.3293 will continue.
Caution: A possible change in the direction of the resistance zone at 0.3438 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.
And also a ‘Two Crows’ candlestick chart pattern is existing. The candles show ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.3438 |
| Current Price | 0.338000000 |
| Next Low | 0.3293 |
| 2nd Low | 0.3253 |
| 3rd Low | 0.3215 |
0.3438 – 0.3343 – 0.3275 – 0.3293 – 0.3253 – 0.3215 —
0.339400000 – 0.338900000 —
63.630994241422 – 57.980206428753 —
– —
0.3438 – 1777784400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Two Crows – – –