The pair Tron/Tether (TRX/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 0.2788 is expected.
Caution: A possible counter-trend in the direction of support at 0.2762 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2796 |
| 2nd High | 0.2793 |
| Next High | 0.2788 |
| Current Price | 0.278400000 |
| Next Low | 0.2762 |
| 2nd Low | 0.2686 |
| 3rd Low | 0.2683 |
0.2788 – 0.2793 – 0.2796 – 0.2762 – 0.2774 – 0.2762 —
0.277200000 – 0.278300000 —
28.626778887735 – 55.367409731232 —
– —
0.2788 – 1770762600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –