TRX/USDT – 1H – SELL

The pair Tron/Tether (TRX/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support level at 0.3217 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.323600000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Collapsing Doji Star’ candle pattern is discovered. The chart forms ‘Collapsing Doji Star’. 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 ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

Support & Resistance Price Range*
3rd High 0.3323
2nd High 0.3287
Next High 0.323600000
Current Price 0.322500000
Next Low 0.3217
2nd Low 0.3172
3rd Low 0.3154

0.323600000 – 0.3287 – 0.3265 – 0.3217 – 0.323 – 0.3241 —
0.323600000 – 0.322900000 —
53.365515566473 – 46.763435671502 —
0.323600000 – 1784307600 —
– 1784307600

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