TRX/USDT – 1H – BUYThe combination Tron/Tether (TRX/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 0.2896 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.2845 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles show ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.2896 |
| Current Price | 0.289500000 |
| Next Low | 0.2845 |
| 2nd Low | 0.2794 |
| 3rd Low | 0.2769 |
0.2896 – 0.2877 – 0.2855 – 0.2845 – 0.2794 – 0.2795 —
0.288500000 – 0.289300000 —
58.878040431347 – 57.225880639592 —
– —
0.2896 – 1771707600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Up – Double top chart pattern – –