TRX/USDT – 30M – SELL

The currency pair Tron/Tether (TRX/USDT) jumps from the ascending trendline downwards

The bearish trend downwards to the next support line at 0.279 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.2855 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Tweezers Top’ candle pattern is existing. The chart forms ‘Tweezers Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.2836 – 0.2832 – 0.2821 – 0.279 – 0.2802 – 0.2799 —
0.286400000 – 0.287800000 —
80.79753058944 – 88.474524569194 —
– —
0.2836 – 1772496000

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Tweezers Top – – –