TRX/USDT – 30M – BUYThe currency pair Tron/Tether (TRX/USDT) moves from the descending trendline up.
A bullish trend upwards to the next resistance at 0.2822 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.2783 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Outside Up’ candle chart pattern is detected. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2855 |
| 2nd High | 0.2835 |
| Next High | 0.2822 |
| Current Price | 0.280500000 |
| Next Low | 0.2783 |
| 2nd Low | 0.2762 |
| 3rd Low | 0.2686 |
0.2822 – 0.2835 – 0.283 – 0.2807 – 0.2813 – 0.2783 —
0.281500000 – 0.280300000 —
43.756579683732 – 30.86791491457 —
– —
0.2822 – 1772371800
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Up – – –