TRX/USDT – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.2783 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.2835 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Outside Down’ candlestick chart pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.2835 – 0.2876 – 0.2873 – 0.2783 – 0.2818 – 0.2846 —
0.281300000 – 0.281600000 —
42.242455922937 – 46.559738126398 —
– —
0.2835 – 1772330400

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