TRX/USDT – 1H – SELL

The currency pair Tron/Tether (TRX/USDT) jumps from the bearish trendline down.

A continuation of the downtrend downwards to the next support line at 0.2799 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.2835 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Tweezers Top’ candlestick chart pattern is discovered. The candles show ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.2835 – 0.2876 – 0.2873 – 0.2799 – 0.2783 – 0.2818 —
0.281500000 – 0.283200000 —
53.535947005903 – 65.579746488451 —
– —
0.2835 – 1772330400

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Tweezers Top – Symmetrical Triangle Chart Pattern – –