The pair Tron/Tether (TRX/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.2824 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.2871 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.28355 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.2871 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2896 |
| 2nd High | 0.2881 |
| Next High | 0.2871 |
| Current Price | 0.285800000 |
| Next Low | 0.2824 |
| 2nd Low | 0.279 |
| 3rd Low | 0.2783 |
0.2871 – 0.2881 – 0.288 – 0.2824 – 0.2837 – 0.279 —
0.286900000 – 0.287300000 —
62.533491424434 – 66.193408184912 —
– —
0.2871 – 1772744400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – – Symmetrical Triangle Chart Pattern – –