Sell TRX/USDT – 30M – SELL

The combination Tron/Tether (TRX/USDT) jumps from the ascending trendline down.

The bearish trend downwards to the next support at 0.3242 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.3305 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Down’ candlestick chart pattern is existing. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.3342
2nd High 0.3318
Next High 0.3305
Current Price 0.328300000
Next Low 0.3242
2nd Low 0.3229
3rd Low 0.3172

0.3265 – 0.3265 – 0.3244 – 0.3242 – 0.3229 – 0.3172 —
0.329600000 – 0.329900000 —
83.828789274306 – 77.788097214677 —
– —
0.3265 – 1783195200

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