The currency pair Tron/Tether (TRX/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 0.2797 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.2762 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Moreover a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2875 |
| 2nd High | 0.2804 |
| Next High | 0.2797 |
| Current Price | 0.280000000 |
| Next Low | 0.2762 |
| 2nd Low | 0.2683 |
| 3rd Low |
0.2797 – 0.2788 – 0.2804 – 0.2762 – 0.2764 – 0.2762 —
0.278700000 – 0.279300000 —
51.964700893983 – 60.856004185152 —
– —
0.2797 – 1770879600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –