The currency pair Tron/Tether (TRX/USDT) jumps from the bullish trendline down.
A bearish descent down to the next support at 0.2739 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.2854 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.311 |
| 2nd High | 0.2875 |
| Next High | 0.2854 |
| Current Price | 0.279800000 |
| Next Low | 0.2739 |
| 2nd Low | 0.2683 |
| 3rd Low |
0.2854 – 0.2804 – 0.2875 – 0.2739 – 0.2683 – 0.2952 —
0.285400000 – 0.282200000 —
64.94915128795 – 53.416184736893 —
– —
0.2854 – 1771272000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – – Rising Wedge Chart Pattern – –