The pair Tron/Tether (TRX/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance at 0.2873 will continue.
Caution: A possible counter-trend in the direction of the support zone at 0.2833 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish SBS White Lines’ candle pattern is existing. The candles show ‘Bearish SBS White Lines’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2911 |
| 2nd High | 0.2881 |
| Next High | 0.2873 |
| Current Price | 0.286600000 |
| Next Low | 0.2833 |
| 2nd Low | 0.2824 |
| 3rd Low | 0.279 |
0.2873 – 0.2871 – 0.2881 – 0.2833 – 0.2824 – 0.279 —
0.284900000 – 0.286900000 —
55.149495930904 – 63.846160092369 —
– —
0.2873 – 1772802000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bearish SBS White Lines – – –