The currency pair Tron/Tether (TRX/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 0.323 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.3155 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.324 |
| 2nd High | 0.3234 |
| Next High | 0.323 |
| Current Price | 0.321200000 |
| Next Low | 0.3155 |
| 2nd Low | 0.312 |
| 3rd Low | 0.3108 |
0.3185 – 0.323 – 0.3234 – 0.3155 – 0.312 – 0.3108 —
0.318900000 – 0.320500000 —
65.04373838173 – 63.920856548456 —
– —
0.3185 – 1781384400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –