Buy TRX/USDT – 1H – BUY

The combination Tron/Tether (TRX/USDT) breaks through the descending trendline upwards

A bullish trend up to the next resistance at 0.323 will persist.

Caution: A possible trend reversal in the direction of the support zone at 0.312 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Latter Bottom’ candle chart pattern is discovered. The candles show ‘Latter Bottom’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.324
2nd High 0.3234
Next High 0.323
Current Price 0.315600000
Next Low 0.312
2nd Low 0.3108
3rd Low 0.3078

0.323 – 0.3234 – 0.324 – 0.312 – 0.3108 – 0.3207 —
0.315200000 – 0.315800000 —
48.688750297765 – 49.976872844923 —
– —
0.323 – 1781172000

Trading Signals:

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