TRX/USDT – 30M – SELL

The pair Tron/Tether (TRX/USDT) goes from the ascending trendline downwards

A bearish descent down to the next support level at 0.3362 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 0.3417 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

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

Besides a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Besides a ‘Three Outside Down’ chart pattern is existing. The chart forms ‘Three Outside 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 success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.3417 – 0.3409 – 0.3399 – 0.3362 – 0.3375 – 0.3356 —
0.341500000 – 0.342000000 —
62.89047568616 – 62.39873540876 —
– —
0.3417 – 1777915800

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