The pair Tron/Tether (TRX/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.2795 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.283 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
Then a ‘Matching Low’ candle pattern is detected. The chart forms ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2869 |
| 2nd High | 0.2855 |
| Next High | 0.283 |
| Current Price | 0.280800000 |
| Next Low | 0.2795 |
| 2nd Low | 0.2762 |
| 3rd Low | 0.2686 |
0.283 – 0.2855 – 0.2869 – 0.2818 – 0.2845 – 0.2849 —
0.282700000 – 0.282900000 —
41.861237172679 – 37.822710756994 —
– —
0.283 – 1772233200
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Matching Low – – –