Sell TRX/USDT – 1H – SELL

The pair Tron/Tether (TRX/USDT) goes from the ascending trendline downwards

A descent down to the next support line at 0.2795 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.2825 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Down’ candlestick pattern is existing. The candles form ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.2876
2nd High 0.2875
Next High 0.2825
Current Price 0.284300000
Next Low 0.2795
2nd Low 0.2769
3rd Low 0.2762

0.2825 – 0.2805 – 0.2797 – 0.2795 – 0.2769 – 0.2762 —
0.281900000 – 0.285200000 —
63.967563896568 – 80.009876429547 —
– —
0.2825 – 1771020000

Trading Signals:

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