In addition a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The currency pair Tron/Tether (TRX/USDT) jumps from the bullish trendline down.
The bearish trend down to the next support at 0.2762 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.278800000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair could go down.
In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
In addition a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2796 |
| 2nd High | 0.2793 |
| Next High | 0.278800000 |
| Current Price | 0.277200000 |
| Next Low | 0.2762 |
| 2nd Low | 0.2686 |
| 3rd Low | 0.2683 |
0.278800000 – 0.2793 – 0.2796 – 0.2762 – 0.2774 – 0.2762 —
0.278800000 – 0.277800000 —
56.840626083765 – 42.229033285529 —
0.278800000 – 1770762600 —
– 1770762600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –