The currency pair Tron/Tether (TRX/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.3219 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.3326 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair could go down.
There is also a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The 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 | 0.3526 |
| 2nd High | 0.3358 |
| Next High | 0.3326 |
| Current Price | 0.331800000 |
| Next Low | 0.3219 |
| 2nd Low | 0.3195 |
| 3rd Low | 0.3183 |
0.3275 – 0.324 – 0.3226 – 0.3219 – 0.3195 – 0.3183 —
0.333700000 – 0.333600000 —
71.385702401756 – 55.82753365596 —
– —
0.3275 – 1782028800
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –