TRX/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.2801 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.2873 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Tweezers Top’ candle chart pattern is discovered. The candles form ‘Tweezers Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.2873 – 0.2911 – 0.2896 – 0.2801 – 0.2874 – 0.2845 —
0.286300000 – 0.285900000 —
55.372253021352 – 56.089481974098 —
– —
0.2873 – 1772006400

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Tweezers Top – – –