The pair Tron/Tether (TRX/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.2825 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.2795 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. 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 | |
| 2nd High | 0.2875 |
| Next High | 0.2825 |
| Current Price | 0.284600000 |
| Next Low | 0.2795 |
| 2nd Low | 0.2762 |
| 3rd Low | 0.2686 |
0.2825 – 0.2805 – 0.2788 – 0.2795 – 0.2762 – 0.2774 —
0.282900000 – 0.284200000 —
69.817233224478 – 80.248609877584 —
– —
0.2825 – 1771020000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –