The currency pair Tron/Tether (TRX/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.2855 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.279 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2876 |
| 2nd High | 0.2869 |
| Next High | 0.2855 |
| Current Price | 0.287000000 |
| Next Low | 0.279 |
| 2nd Low | 0.2783 |
| 3rd Low | 0.2762 |
0.2836 – 0.2832 – 0.2821 – 0.279 – 0.2802 – 0.2799 —
0.284900000 – 0.286800000 —
75.77448852522 – 84.854759419718 —
– —
0.2836 – 1772496000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –