TRX/USDT – 30M – BUY

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

A continuation of the uptrend up to the next resistance line at 0.3226 is expected.

Caution: A possible trend reversal in the direction of the support zone at 0.3202 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.3226 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.3226 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.3215 – 0.3226 – 0.3223 – 0.3202 – 0.3183 – 0.3202 —
0.323200000 – 0.321200000 —
75.436710061299 – 50.900558321745 —
– —
0.3215 – 1781838000

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –