The pair Tron/Tether (TRX/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.2805 will persist.
Caution: A possible change in the direction of the support level at 0.2762 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2876 |
| 2nd High | 0.2875 |
| Next High | 0.2805 |
| Current Price | 0.280900000 |
| Next Low | 0.2762 |
| 2nd Low | 0.2683 |
| 3rd Low |
0.2805 – 0.2797 – 0.2788 – 0.2762 – 0.2762 – 0.2764 —
0.278400000 – 0.280300000 —
48.552255049096 – 63.346423334429 —
– —
0.2805 – 1770944400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –