Sell TRX/USDT – 1H – SELL

The currency pair Tron/Tether (TRX/USDT) moves from the descending trendline down.

A continuation of the downward movement downwards to the next support level at 0.3207 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.3234 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a indicator layout is detected. The indicator shows ”. which is often a bearish chart signal. The currency pair is likely to fall.

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Additionally a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.3281
2nd High 0.324
Next High 0.3234
Current Price 0.315700000
Next Low 0.3207
2nd Low 0.3198
3rd Low 0.3192

0.3234 – 0.324 – 0.3281 – 0.3207 – 0.3211 – 0.3207 —
0.322400000 – 0.321900000 —
51.5472260535 – 40.582360438815 —
– —
0.3234 – 1781092800

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