The currency pair Tron/Tether (TRX/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at will continue.
Caution: A possible counter-trend in the direction of the support level at 0.3439 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency 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 | 0.349200000 |
| Next Low | 0.3439 |
| 2nd Low | 0.3419 |
| 3rd Low | 0.3374 |
0.3475 – 0.3461 – 0.342 – 0.3439 – 0.3419 – 0.3374 —
0.348800000 – 0.349000000 —
65.54173428168 – 59.945003406812 —
– —
0.3475 – 1778094000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –