The currency pair Tron/Tether (TRX/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.3155 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.323 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.
And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.324 |
| 2nd High | 0.3234 |
| Next High | 0.323 |
| Current Price | 0.320000000 |
| Next Low | 0.3155 |
| 2nd Low | 0.312 |
| 3rd Low | 0.3108 |
0.3185 – 0.323 – 0.3234 – 0.3155 – 0.312 – 0.3108 —
0.320000000 – 0.321100000 —
70.41190542159 – 63.824316275274 —
– —
0.3185 – 1781384400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Black Crows – – –