TRX/USDT – 30M – SELL

The pair Tron/Tether (TRX/USDT) jumps from the descending trendline down.

A continuation of the downtrend downwards to the next support line at 0.2795 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.2825 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.

Also there is a ‘Matching Low’ candlestick pattern is discovered. The candles form ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.2825 – 0.2854 – 0.2825 – 0.2795 – 0.2795 – 0.2762 —
0.281500000 – 0.281700000 —
41.366788473478 – 45.568873602411 —
– —
0.2825 – 1771367400

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Matching Low – – –