TRX/USDT – 1H – SELL

And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.2823 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.2877 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.2877 – 0.2855 – 0.2825 – 0.2794 – 0.2795 – 0.2795 —
0.286000000 – 0.285600000 —
64.440417031544 – 59.283161027422 —
– —
0.2877 – 1771599600

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Down – – –